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Business for Sale Summary

Bagel & Convenience Store in New York - 36183

Business Type: convenience store,delicatessen/catering services,bagel stores
Bagel & Convenience Store in New York
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Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $550,000
Gross Revenues $960,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$550,000 Down and

Business Description

A 2600 sq. ft. Bagel store and full-fledged convenience store is located in a crowded area in Richmond County, New York. The bagels are prepared and baked on the premises. Lotto earns over $6,000 a month in commission, which covers the monthly rent. The business includes lotto, beer, EBT, ATM, a fully-equipped deli, and several other items. It also has a basement, making the total occupied area 3500 sq. ft. The business also has enough space to add a Taco Bell or any other similar business. Also has an excellent parking lot. Once-in-a-lifetime opportunity to buy this kind of business with low rent, spacious with its own parking space, and in overly busy area. After paying all the expenses, the seller's net cash flow is $175,000 a year. Call Syed Ahmed 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.