Successful and Growing Bagel Store For Sale-30418

New York, NY
New York County

Asking Price: Annual Revenue:
$150,000 $425,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Successful and Growing Bagel Store For Sale-30418 Broker: Jay Goldman

Quick Facts

Asking Price: $150,000
Annual Revenue: $425,000
Net Profit: Not Disclosed
Cash Flow: $112,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 53904447
Broker Reference #: 30418

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Business Overview:

This successful semi-absentee Manhattan-based Bagel Store continues to grow in leaps and bounds from its founding in May 2017. Before opening, the space was fully-renovated with new walls, floors, fixtures and much more. This is an elegant and hip store with no competition for miles around. The three full-time, one part-time employees open and close the store without the owner having to be there. She comes in on most Saturdays and Sundays to help with the non-stop flow of customers and pops in for a few hours a couple of times during the week. The rent of just $1,400/month is significantly below market for 550 square feet in this already- gentrified upper Manhattan neighborhood. The store is just up the block from a major subway station and main NYC avenue with tons of foot traffic. Online delivery orders are becoming a bigger and bigger factor in gross sales. A new owner would be well-advised to apply for a sidewalk seating permit to handle the overflow from inside the store. You might also want to stay open later, as this neighborhood is always hopping. Besides bagels, this store is known for its delicious pastries that customers come for from far and wide. The potential is limitless! Please be very discreet when visiting this Bagel Store, as its employees and customers do not know it is for sale. Then, kindly contact the listing broker Jay Goldman to make an appointment for you to meet with the seller and get a full tour of the facilities. Please contact us for further information.

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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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