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Bagel Store In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$365,000
Sales Revenue:
$424,000
Cash Flow:
$151,440

This twenty-years old bagel business is located in a crowded strip mall on Long Island. Rent is just $2260, with a long lease. The bagels are baked on the premises; the seller has fifty clients, whom bagels are delivered daily. The business also has an attractive lunch menu: wraps, sandwiches, roast chicken, etc., which makes the lunch hours busy and productive. Apart from, the business has an ice cream parlor, which does well during summer time. Overall, it has four different business segments: deliveries of bagels, breakfast, lunch, and ice cream. It is a business that is for sale at one and a half time's net earnings. Seller's net cash flow, after paying all the expenses, is $11,000 to $12,000 a month. Seller also promises to verify his monthly cash flow.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Wants to pursue another business.

Employees:
5
Years established:
20

Other Information

Furniture / Fixtures value:
$45,000
Inventory / Stock value:
$12,000

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