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.
- Asking Price:
- $275,000
- Sales Revenue:
- $424,000
- Cash Flow:
- $151,440
Property Information
- Real Estate:
-
Lease
Business Operation
- Reasons for selling:
-
Wants to pursue another business.
Other Information
- Support & training:
-
The seller will train the new owner.
- Financing available:
-
275,000.00 Down
- Furniture / Fixtures value:
- $45,000
- Inventory / Stock value:
- $12,000
