Bagel & Convenience Store in New York
Asking Price: | $550,000 |
Gross Revenue: | $960,000 |
FF&E: | $150,000 |
Cash Flow: | $175,000 |
Inventory: | $70,000 |
Established Year: | 1994 |
Bagel & Convenience Store in New York
LISTING ID # 36183
A 2600 sq. ft. Bagel store and full-fledged convenience store is located in a crowded area in Richmond County, New York. The bagels are prepared and baked on the premises. Lotto earns over $6,000 a month in commission, which covers the monthly rent. The business includes lotto, beer, EBT, ATM, a fully-equipped deli, and several other items. It also has a basement, making the total occupied area 3500 sq. ft. The business also has enough space to add a Taco Bell or any other similar business. Also has an excellent parking lot. Once-in-a-lifetime opportunity to buy this kind of business with low rent, spacious with its own parking space, and in overly busy area. After paying all the expenses, the seller's net cash flow is $175,000 a year.