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Well-Known Bagel Store

NYC, New York

Asking Price: Gross: Cash Flow:
$549,000 $1,400,000 $200,000

Furniture and Fixtures Value:
$800,000 (included in the asking price)

Business Summary:
A very rare opportunity to find a New York City Bagel store that has it ALL… Well-Known and Loved by the community, State-of-the-Art Build Out, Great Location with a Long-Term Lease with LOW Rent. Their monthly rent is LESS than 6% of Sales at ONLY $6,200 per month including Real Estate Taxes and CAM. This profitable business is operating ABSENTEE and a more involved hands-on owner operator will be able to propel the business to another level. No expense was spared in updating this store and has consistent sales of over $26,000 per week. The seller has another full-time business that he manages and there are so many multiple revenue streams that he does not have time to expand from catering, delivery and wholesale accounts. The Seller has invested much more into the business than the asking price and its important that the vision of the store continues. Please refer to listing number 13301 when inquiring about this opportunity.

 
   
   
Year Business was Established: 1985
   
Number of Employees: 15  
   
Owner willing to train: Yes  
 

 

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