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This Business has been Sold!
Closing Date: 02/25/2011
Business for Sale Summary

Established Bagel Store - 17550

Business Type: bagel stores,other eating & drinking places,restaurant/ cafes/ diners
Sold
Established Bagel Store
On February 25th 2011, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
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Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $100,000
Gross Revenues $347,000 Lease Remaining Register Free to View
Owner’s Cash Flow $113,490 Number of FT Employees Register Free to View

Financing

$100,000 Down and $100,000 note for $50,000 over 3 yrs @ 6%

Business Description

Long Established(18 yrs) bagel store and deli. Loyal customer base. 50 plus dozen per day baked fresh on premises in 4 rack rotating oven. Local Delivery, wholesale accounts and catering. Great location in between industrial commercial area and residential area. IRS, hotels and bus company, schools close by. 140 qt mixer, kettle, separator. Great family business. Business volume up each year. Long lease.

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.