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Business for Sale

Bagel Shop for Sale in Suffolk County, NY
Suffolk County, NY

Listing #27850

   
Financial Information (non-confidential)
Asking Price $575,000.00 Gross Revenues $1,325,000.00
Down Payment $575,000.00 Owner’s Cash Flow $205,100.00

Financing: $575,000.00 Down and

Reason for Selling:Seller is retiring.

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.
Syed Ahmed
Senior Business Broker
631-374-7686
sahmed@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Syed Ahmed

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com