Bagel, Bakery and Deli

Not Disclosed, NY

Asking Price: Annual Revenue:
$193,500 $504,825

Food & Beverage: Coffee, Cafe, Dessert

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RE: Bagel, Bakery and Deli Broker: Peter Gregory

Quick Facts

Asking Price: $193,500
Annual Revenue: $504,825
Net Profit: $40,639
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $64,400
Real Estate: Not Disclosed
Year Established: 2017
Employees: 4
BBN Listing #: 456960184
Broker Reference #: 215-22043

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Business Overview:

Bagel, Sandwich, Bakery in Lake Resort Area, 30% y-o-y sales growth 2020 to 2021. 5 years in upward development of brand name, on major route with significant daily drop-in business. Dependable Staff and Management in place creates "absentee/remote" lifestyle ownership. Internet, catering and commercial sales embellish walk-in sales. High-profile name brand in local business and resident community. Turn-key operation with property for sale if new owner interested. May carry note for the right buyer. Property (available under a separate contract with the seller) included rental opportunity to augment restaurant sales. Great location, relaxed lake community with many "2nd homers." Significant hospitality anchor company moving into the area from which to garner business. Business has been successful on limited day/hours - room to expand business many ways including extending hours and days open. For more detailed information, please contact listing agent Peter Gregory.

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Property Features and Assets:

This listing is owned property with real estate price of $687,500 not included in asking price. Seller is active with 3 Full Time and 1 Part Time employees. Hours of operation are 6am – 3pm Thursday to Monday. $10,000 in inventory and $64,400 in FF&E included in the asking Price. Department of Health license required.

Reason for Selling:

Have built this business to a comfortable level, c

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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