Unique Downtown Bagel Shop and Cafe - 30858

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$275,000 $650,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Unique Downtown Bagel Shop and Cafe - 30858 Broker: Jay Goldman
Owner Financing is Available!
$275,000.00 Down & Please make your best all-down offer!

Quick Facts

Asking Price: $275,000
Annual Revenue: $650,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 73314447
Broker Reference #: 30858

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Business Overview:

Price Recently Reduced! This Unique Bagel Shop & Cafe was established 18 years ago. Besides bagels, it offers the likes of lattes, omelets and salads, in a very cool, antique-filled setting (with WiFi). Open 7am to 7pm. You could stay open later, since there is foot traffic into the wee hours in this trendy, young Manhattan hood. You will be impressed by the great reviews the cafe gets on Yelp. 65% of gross sales are made in-store and the balance of 35% come from internet delivery orders. While the owner only accepts cash in-store, you could dramatically increase your revenues were you to accept credit cards. It would also be a smart move to get a beer and wine license. How about finally launching a website for this business? Social media initiatives could really boost the top and bottom lines. Lastly, it would be a no-brainer to offer catering. There are seven years left on the lease and a five-year option on top of that. You'll find 850 square feet, both up and down. The fully-equipped kitchen includes roof venting. Please be very discreet when visiting this location, as the employees and customers do not know the business is for sale. Then, kindly contact the listing broker, Jay Goldman, to make an appointment to meet with the seller and get a full tour of the facilities. Please contact broker or email us for further information.

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Reason for Selling:

Moving on to international business interests after

Additional Details:

  • The property is owned.
  • The owner is not 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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