Financing: $199,000.00 Down and $76K over 3 yrs. @ 6%.
Reason for Selling:retiring
Fantastic Bagel Store in an industrial area just North of the LIE (Long Island Expressway Service Road). Established 24 years! This is an ideal food service business to own in the current pandemic environment as they offer a simple menu, quick in and out service and low overhead. They are only open M-F 6am- 2pm, Sat. 6am - 1pm, Sun 7am-1pm. They specialize in breakfast and lunch offering pick up and delivery options. They service the industrial area as well as the residential neighborhood. In the past year the business generated gross revenues of approximately $624,000 and an owner's cash flow of approximately $130,000.00. The space is $1,300 sf. with over 9 years left on the current lease and a rent of $4,300/mth. Due to Covid the landlord would be flexible for a well-qualified buyer with good credit. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or email@example.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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 firstname.lastname@example.org or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
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.