Bagel Store And Cafe For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $378960
Net Profit / Cash Flow $107497
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Long Established (20Years) popular Brooklyn Bagel store. Strong stable sales- always at or above $400k. No local competition with onsite parking and large strip Mall across street. Seats 16. 2 walk in boxes. Long lease with 7.5 yrs plus 5 yr option. Currently run absentee but is priced (and business profile is based on) for an owner operator. Convenient hours can be increased. Opportunity to add sales with longer hours, ATM, Lotto, start making pizza and sell bagels wholesale. All equipment on site to make bagels- mixers, ovens, walk in boxes. Making Bagels on premises will increase margins and profits and allow wholesale bagel sales. Seller might consider some financing for well qualified bagel buyers. Contact broker for more details.
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