Industry: Bagel Shop / Bakery / Café
Location: Pittsburgh, PA
Business Name: Confidential Bagel Shop
Asking Price: $765,000
Cash Flow: ~$275,000/year
Gross Revenue: ~$1,300,000/year
Square Footage: 3,200 sqft
Seating Capacity: 70
Reason for Sale: Owner retiring after decades in the industry
BUSINESS DESCRIPTION
For over 32 years, this confidential bagel shop has been a beloved institution and staple in the heart of Pittsburgh. Renowned for its authentic, in-house baked bagels, this establishment has developed a loyal, multi-generational customer base. All products are made fresh daily—mixing, kettle boiling, hand-rolling, and oven baking—preserving traditional craftsmanship.
Located on a high-visibility Main Street with minimal competition, the business is fully staffed, manager-run, and situated near major colleges, hospitals, and dense residential neighborhoods.
FINANCIAL OVERVIEW
Weekly Sales: ~$25,000/week
Cash Flow: ~$5,200/week (~$275,000/year)
Gross Revenue: ~$1,300,000/year
Payment Mix: ~70% credit card / 30% cash
Utilities: $37,827/year
Insurance: $9,687/year
MAJOR EXPENSES
Payroll: ~$6,500/week
Rent: $10,857/month (includes taxes & CAM)
Personal Expenses Run Through Business:
Cell phones: $500/month
Cleaning service: $400/month
Utilities: $500/month
LEASE DETAILS
Rent: $10,857/month (taxes & CAM included)
Square Footage: 3,200 sqft
Seating: 70 seats
Lease Term: 1 year remaining + two (5-year) options
WEEKLY SALES BREAKDOWN
Credit Card Retail: ~$17,000/week
Cash Sales: ~$7,500/week (retail, wholesale & catering mix)
ADDITIONAL INCOME (NOT INCLUDED IN POS SALES)
A profitable virtual/ghost kitchen operates from the location:
Grubhub Virtual Kitchen Revenue:
$6,000–$8,000/week additional
Concepts Included:
Breakfast concept
Soup concept
Breakfast burrito concept
Corn beef concept
Fish concept
(Business name intentionally excluded for confidentiality.)
EQUIPMENT OVERVIEW
Bagel Oven – ~20 years old
Boiler – ~18 years old
150qt Mixer – ~8 years old
80qt Mixer – ~8 years old
STAFFING
Total Employees: 10 full-time
Manager: $2,100/week + bonus
1 Full-Time Cook
2 Bakers / Bagel Rollers
Majority on payroll (1 off-book)
Fully cross-trained team
Currently owner-operated but can transition to semi-absentee
HOURS OF OPERATION
Tuesday–Sunday: 6:00am–3:00pm
Delivery platforms: 6:00am–2:00pm
Too Good To Go program adds approx. $10k–$14k quarterly
ADDBACKS
5 cell phones
2 personal vehicles
Home bills run through business
Home cleaning billed to business
