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This thirty years old bagel business is located in one of the richest areas on Long Island. Seller owns it for thirty years. Now he wants to retire. The business does 1.35 millions in gross sales a year. Rent is just $6200 a month. The business makes bagels on its premises. Due to the nature of the location, being close to the holiday resorts, the business, during summer time, does $35000 in gross sale a week. The business also has sixty six accounts which receive deliveries from the business. Seller is retiring, so he must sell the business. Seller's net cash flow, after paying all the expenses, is between $175,000 to $200,000 a year.
Seller is retiring.
The seller will train the new owner.
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