Financing: $220,000.00 Down and
Reason for Selling:Wants to pursue another business.
This twenty-years old bagel business is located in a crowded strip mall on Long Island.
Rent is just $2260, with a long lease. The bagels are baked on the premises; the seller has fifty clients, whom bagels are delivered daily.
The business also has an attractive lunch menu: wraps, sandwiches, roast chicken, etc., which makes the lunch hours busy and productive.
Apart from, the business has an ice cream parlor, which does well during summer time.
Overall, it has four different business segments: deliveries of bagels, breakfast, lunch, and ice cream.
It is a business that is for sale at one and a half time's net earnings. Seller's net cash flow, after paying all the expenses, is $11,000 to $12,000 a month.
Seller also promises to verify his monthly cash flow.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.