Bagel Shop for Sale in Suffolk County, NY - 27850 Business Type: other eating & drinking places,other food stores,bagel stores
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $575,000 | Down Payment | $575,000 |
| Gross Revenues | $1,325,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $205,100 | Number of FT Employees | Register Free to View |
Financing
$575,000 Down and
Business Description
This thirty-year-old bagel business is located in one of the richest areas on Long Island. Seller has owned it for thirty years. Now he wants to retire. The business does 1.35 million in gross sales a year. Rent is just $6200 a month. The business makes bagels on its premises. Due to the nature of the location, being close to the holiday resorts, the business, during summer time, does $35000 in gross sales a week. The business also has 66 accounts that receive deliveries from the business. Seller is retiring, so he must sell the business. Seller's net cash flow, after paying all the expenses, is between $175,000 to $200,000 a year. Call 1-877-735-5224 for more information.
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.
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