Bagel Store in Suffolk County, NY - 26613

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$365,000 $424,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bagel Store in Suffolk County, NY - 26613 Broker: Syed Ahmed

Quick Facts

Asking Price: $365,000
Annual Revenue: $424,000
Net Profit: Not Disclosed
Cash Flow: $151,440
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 5
BBN Listing #: 77264447
Broker Reference #: 26613

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Business Overview:

This twenty-years old bagel business is located in a crowded strip mall on Long Island. Rent is just $2,260, 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.

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Reason for Selling:

Other

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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