Iconic NY Style Breakfast & Bagel Restaurant

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$1,850,000 $2,913,028

Food & Beverage: Miscellaneous

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RE: Iconic NY Style Breakfast & Bagel Restaurant Broker: Randy Bring
Owner Financing is Available!
$650,000 @ 7% for 120 months = $7,547.05/month.

Quick Facts

Asking Price: $1,850,000
Annual Revenue: $2,913,028
Net Profit: $553,065
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $240,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 30
BBN Listing #: 7840630
Broker Reference #: 0101906901

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Business Overview:

Schmear, there and everywhere! The owner of this iconic New York style breakfast & lunch bagel restaurant is ready to retire and seeks a new owner to carry on the legacy. 130 seats (inside and out) plus catering and very strong takeout & delivery business. High end professional demographic community. Classic bagel breakfast menu, strong soup, and salad lunch menu and of course, an amazing bakery counter. Approximate revenue breakdown is 35% breakfast, 45% lunch, 20% catering. 2022 average weekly revenue of $56,000. Upside includes opening past current closing time into the dinner hour, a catering push, coupon, and social media campaign, etc. Full management team in place plus tenured staff help make this operation busy from 6AM opening to 3PM close. Long lease in place. This is a perfect family business and would likely support an E2 investor Visa. Ideal Buyer will have direct restaurant management experience in a high-volume similar concept. Seller financing for qualified Buyers. All interested parties to provide professional BIO and financial statement before full disclosure and sharing of offering memorandum. Please refer to listing #0101906901 & ask for Randy Bring when inquiring.

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Property Features and Assets:

2,550 Square Feet in Class-A Plaza @ $14,200/month.

Market Competition and Expansion:


Reason for Selling:

Professional objectives met.

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.

Relevant Links:

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