Bagel & Convenience Store in New York

Staten Island County, NY
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Asking Price:$550,000
Gross Revenue:$960,000
FF&E:$150,000
Cash Flow:$175,000
Inventory:$70,000
Established Year:1994
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Staten Island County, NY
Inventory
Not Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Personal
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd