Popular Bagel Store-32479

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$350,000 $550,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Bagel Store-32479 Broker: Syed Ahmed
Owner Financing is Available!
$250,000.00 Down & $100,000 @ 6% over 24 months.

Quick Facts

Asking Price: $350,000
Annual Revenue: $550,000
Net Profit: Not Disclosed
Cash Flow: $144,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 5
BBN Listing #: 85004447
Broker Reference #: 32479

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Business Overview:

This 25 years old bagel business is located at a well-known railroad station on Long Island. It is a proven business, with the repeated clientele on a day-to-day basis. As it is the only bagel business in the area, so the profit margin is high: a non-competitive situation. A new buyer will get a 15 years lease; seller financing is also available. Hours of operation: 5am to 2pm. The surrounding area is booming with new construction; new apartments are being built. Seller's net cash flow, after paying all the expenses, is $12,000 a month. Do not ignore this valuable business opportunity; a long lease, and one of the best locations. One can't go wrong.

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Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is 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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