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Busy Profitable Bagel Store Operating Absentee

Queens, New York

Asking Price: Gross: Cash Flow:
$800,000 $1,577,043 $203,428

Furniture and Fixtures Value:
$650,000 (included in the asking price)

Business Summary:
If in Real Estate Location, Location, Location is everything than this Busy Queens Bagel Store has EVERYTHING. Busy, Highly Visible, Main Street Location with PLENTY of FREE easy access parking. This State of the Art Bagel store has an EXCELLENT Long Term Lease with monthly rent of only $7,500 per month. The total rent expense including real estate taxes and CAM is about 6%. They are well known for great bagels, salads and sandwiches. The store offers seating for about 40 customers. The store currently operates 100% ABSENTEE and a more hands on owner would be able to reduce costs and waste increasing the profits of store to over $270,000 per year. Please refer to listing number #11882 when inquiring about this opportunity.

 
   
 

 

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