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Bagel Shop

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$990,000 $1,300,000 $310,000

Inventory Value:
$7,000 (included in the asking price)

Business Summary:
LISTING ID # 33690If you're looking for a lucrative business opportunity on Long Island, look no further than this highly reputable bagel shop. Located in a bustling strip mall with a diverse range of businesses, this bagel shop boasts an impressive $1.3 million in gross sales annually, even during the COVID-19 pandemic. Prior to the pandemic, sales averaged $35,000 per week. With rent at just $6,000 and a long lease, this business is primed for success. The owner lives in New Jersey and only visits three times a week to supervise operations. They are looking to retire, making this a prime opportunity for a new owner to step in and take over. All bagels are made on the premises, and there's even room for a new buyer to establish their own wholesale bagel distribution business to boost revenue further. After all expenses are deducted, the owner's net cash flow is over $300,000 annually. This is a real cash cow of a business that you don't want to miss out on. For more information, contact Syed at 631-374-7686.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33690 for instant access to this business information.

 
   
   
Year Business was Established: 2007
   
Number of Employees: 4FT/6PT  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retiring  
 

 

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