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Business for Sale Summary

Local Bagel Shop for sale in Long Island - 34229

Business Type: seller financing available,bagel stores
Owner Financing
Local Bagel Shop for sale in Long Island
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Financial Information (non-confidential)

General Information
Asking Price $475,000 Down Payment $300,000
Gross Revenues $988,000 Lease Remaining Register Free to View
Owner’s Cash Flow $151,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and Seller will finance a note of $175,000 at 6% for 36 months to a qualified buyer.

Business Description

A well-known bagel business in the neighborhood is located at a busy strip mall on Long Island. Its size is 4000 sq. ft. with the same size of basement: a total of 8000 sq. ft. The interior look is awesome and impressive; the seating arrangements are excellent; the shelves are well-arranged; the store displays how nicely arranged the whole set-up is. The business has, over the years, developed a loyal clientele. Its gross sale is close to one million a year. All the employees are trained and are willing to work with a new buyer. The seller is moving to another state and is willing to hold a note for a qualified buyer. The seller's net cash flow, after paying all the salaries and bills, is $150,000. a year. Do not miss one of the best business opportunities . Call Syed at 631-374-7686 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.