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Business for Sale Summary

Bagel Shop for sale in Suffolk County, NY - 33690

Business Type: bakers & confectioners,delicatessen/catering services,other eating & drinking places,other food stores,restaurant/ cafes/ diners,bagel stores
Bagel Shop for sale in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $990,000 Down Payment $990,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$990,000 Down and

Business Description

If you're looking for a lucrative business opportunity on Long Island, look no further than this highly reputable bagel shop. Located in a bustling strip mall with a diverse range of businesses, this bagel shop boasts an impressive $1.3 million in gross sales annually, even during the COVID-19 pandemic. Prior to the pandemic, sales averaged $35,000 per week. With rent at just $6,000 and a long lease, this business is primed for success. The owner lives in New Jersey and only visits three times a week to supervise operations. They are looking to retire, making this a prime opportunity for a new owner to step in and take over. All bagels are made on the premises, and there's even room for a new buyer to establish their own wholesale bagel distribution business to boost revenue further. After all expenses are deducted, the owner's net cash flow is over $300,000 annually. This is a real cash cow of a business that you don't want to miss out on. For more information, contact the broker at 877-735-5224.

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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.

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.