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Business For Sale

HIGH GROSS BAGEL/PIZZA/CATERING STORE FOR SALE

Attn: Morris Radoszycki
Bronx, NY, USA
Listing Number: "10143"
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Asking Price: $210,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Other Business Interests
Year Established: 2003
# of Employees: 7 Full Time
Yearly Revenues: $800,000
Yearly Cash Flow: $60,000
Yearly Net Profit: $60,000
Yearly Gross Income: $280,000
Monthly Payroll: $10,000
 

Business for Sale Overview:

This bagel store is located in a busy prime strip center and serves their customers with the best bagels, pizza, appetizers and catering in the area! Add a deli and this will be a home run, turnkey cash business. Bagels and pizza are baked on premise. Seller runs the store on an absentee basis; new owner could potentially cut salary and raise cash flow greatly if hands-on. Because the sellers religion forbids him to serve deli items and does not allow him to stay open on Friday evenings, Saturdays and all Jewish holidays, the store stays closed 20% of the year. Stay open and add a deli menu, and watch revenue and cash flow spike!


Property Features and Assets:

1,800 square feet facility in prime location.


Market Competition and Expansion:

Little competition in the area. By opening more hours and adding deli selections, revenue will only grow.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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