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Business for Sale Summary

Popular Bagel Store for sale in NY - 35213

Business Type: other eating & drinking places,other food stores,owner financing available,bagel stores
Owner Financing
Popular Bagel Store for sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $1,300,000 Down Payment $900,000
Gross Revenues $2,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $350,000 Number of FT Employees Register Free to View

Financing

$900,000 Down and A note of $400,000 at 7% for 36 months.

Business Description

An extremely-popular Bagel Business is located on one of the busiest routes on Long Island. It does $2.2 million in gross sales a year. The business prepares and bakes the bagels on the premises. The business is in the heart of 4 different school districts, which makes the business very busy and highly profitable. The luncheons are busy too. There are adequate seating arrangements. The business has very competent employees who are willing to stay with a new owner. The seller owns many businesses in MA; now wants to move to MA. This is a great opportunity for an experienced and qualified buyer. Proof of funds is a must. The seller's net cash flow, after paying all the expenses, is over $350,000. Seller financing is available. Call Syed at 631-374-7686 for more information.

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