Bagel Shop for sale in Suffolk County, NY - 33690 Business Type: bakers & confectioners,other eating & drinking places,other food stores,restaurant/ cafes/ diners,bagel stores
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $990,000 | Down Payment | $990,000 |
| Gross Revenues | $1,300,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $310,000 | Number of FT Employees | Register Free to View |
Financing
$990,000 Down and
Business Description
This very reputable and money-making bagel business is situated in a really-busy strip mall on Long Island. The whole strip mall is very crowded with different kinds of businesses. The bagel business earns $1.3 million in gross sale a year. This sale is during COVD; prior to it, it was $35,000 a week. Rent is just $6,000, with a long lease. Seller lives in New Jersey; only comes 3 times a week to supervise it. Wants to retire. the bagels are prepared and baked on the premises; enough room for a new buyer to establish his own whole sale bagel distribution business to increase the revenues. The seller's net cash flow, after deducting all the expenses, is over $300,000 a year. Don't miss this business: a real cash cow business. Call Syed at 631-374-7686 for more information.
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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.
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