Price Reduction! North Shore Bagel Store $19k/week

Port Wash, NY
Nassau County

Asking Price: Annual Revenue:
$525,000 $988,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Price Reduction! North Shore Bagel Store $19k/week Broker: Henry Galasso
Owner Financing is Available!

Quick Facts

Asking Price: $525,000
Annual Revenue: $988,000
Net Profit: Not Disclosed
Cash Flow: $176,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 19
Employees: 11
BBN Listing #: 993135273
Broker Reference #: 11637

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Business Overview:

This truly is a fantastic opportunity to own a bagel store on a main street in the NorthShore upscale nassau County community. Bagels wraps breakfast lunch and you get the clothes at 4 p.m. go home! Amazing curb appeal beautiful and renovation, the store's been totally redone in the kitchen anybody with catering experience can double the business. The owner is not present at this store it is 100% absentee and the bagels are not rolled on site but all baking is done on premise so you get to save the considerable amount of payroll with having bagels rolled outside. There is 14 years left on the lease and under 3% escalations rent is only $6,800 which is considerably low for a bagel store currently doing $19,000 per week and growing under its new renovation! Contact Henry Galasso exclusive agent no brokers please and please have $400,000 - $500,000 in the bank to qualify for this opportunity.

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Reason for Selling:

Other business interests.

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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