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$170k Net Established Bagel Shop In Goldmine Location For Sale

New Rochelle, New York, US
Asking Price:
$349,999
Sales Revenue:
$832,000
Cash Flow:
$170,000

HS Listing ID-12202

Located in prime Westchester town on a busy main road with street parking. In close proximity to multiple schools, parks, and other big names like Starbucks

9 year lease with a 5 year option

Very high profit store due to water being INCLUDED in the rent

All bagels made in house

Well established in this location for 10 years with great reputation in the neighborhood, considered a staple with numerous 5 star reviews.

Family run business, great opportunity for an owner operator to implement his own family or cut costs to increase profit.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

Property Information

Real Estate:

Lease

Lease Terms:

9 year lease with a 5 year option.

Leasehold Rent:

$67,200 per annum

Premises Details:

This bagel shop sits on a shopping strip with many businesses alongside it. High traffic area with lots of exposure.

Business Operation

Expansion Potential:

This is an established business in operation for over 10 years. Business currently runs on a 9-year lease with a 5-year option. Shop closes midafternoon and has room to grow with increased hours.

Competition / Market:

Customers can choose from an array of bagel flavors displayed on a rack behind the counter. Shop has an open atmosphere with lots of natural lighting. Menu offers breakfast and lunch items such as bagel sandwiches, chicken salad, and omelets.

Reasons for selling:

Other business interests.

Years established:
10

Other Information

Support & training:

Yes.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes.