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Bagel Store For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $629200
Net Profit / Cash Flow $123100
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1981
Number of Employees 4 - 5
Inventory $100,000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks training at no cost.
Reason for Sale Too far for owner to commute.
Description Money making bagel store/cafe ideally located in busy strip center with ample parking. This business is well established with a 25-yr, long standing reputation in the community. Strong sales volume and reasonable overhead make this a must see opportunity! This business has enjoyed consistent growth since current owners took over. Serious financially qualified buyers only. Hours are monday to saturday 5am to 4pm, and sunday 6am to 2pm. Currently grossing $12,000/week with no deliveries or catering.
Facilities / terms of lease:
Located on a very active thoroughfare in a very busy strip center with ample parking.
2,000 square feet - strip center
Lease: $7,000/month - expires: 1/1/2020 - 4% increases
Market share:
This business is well established with a 25-yr, long standing reputation in the community.
Growth potential:
Fantastic opportunity for growth!
Has enjoyed consistent growth since current owners took over.
Limitless and outstanding opportunities for growth has tremendous upside since there is high potential! True turn key operation with lots of room for expansion.
A huge opportunity for any operator who has vision. This opportunity has tremendous upside by adding deliveries and catering.. Additional advertising and marketing with incentives can take this to the next level.
Asking: $350,000
financing: $100,000 for 60 months at 8%
Contact for more information on this bagel store for sale.
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