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This Business has been Sold!
Closing Date: 08/11/2011
Broker: Syed Ahmed

Business for Sale Summary

Bagels Store - 18904

Business Type: bagel stores,retailing businesses,bakers & confectioners,delicatessen/catering services
Sold
Bagels Store
On August 11th 2011, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $130,000 Down Payment $60,000
Gross Revenues $433,000 Lease Remaining Register Free to View
Owner’s Cash Flow $96,340 Number of FT Employees Register Free to View

Financing

$60,000 Down and negotiable

Business Description

This 18 year old bagel store and deli has a loyal customer base, producing 60 dozen plus bagels per day baked fresh on premises in 4 rack rotating oven. It has 140 qt mixer, kettle, a separator, local delivery, wholesale accounts, and catering. It is a great location, in between industrial commercial area and residential area with IRS, hotels, a bus company, and a school close by. Great family business! Business volume is up each year. Long lease. Owner is willing to finance. Call Syed at 631-265-7300 for more information.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.