Thirty-Yr. Old Bagel Store-27850

Suffolk County, NY

Thirty-Yr. Old Bagel Store-27850
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Asking Price: Get Financing: $425,000

Cash Flow: $205,100

Gross Revenue: $1,325,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Established: 1986

Thirty-Yr. Old Bagel Store-27850

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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.

Detailed Information

Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
425,000.00 Down
Support & Training:
The seller will train the new owner.
Reason for Selling:
Seller is retiring.
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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