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$950k Gross Revenue Bagel Store In Lower Manhattan For Sale

Manhattan, New York, US
Asking Price:
$299,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$950,000
Cash Flow:
$95,000

HS Listing ID-70898

Established bagel café located in one of Manhattan’s most sought-after neighborhoods. The business is projected to generate approximately $950K in gross sales this year in 2026, with a net income of $95,000, and year-over-year growth of 8–10%. Average weekly sales range from $17K–$20K, with weekend volume alone reaching $7,000–$7,500.

Operations A full-time manager is in place and willing to remain. Total 6 employees.

Current hours are 7:30AM–4PM with weekend hours being extended to 8PM, offering immediate upside.

Online ordering is active via the business’s own website (launched April 2026) plus all major delivery platforms (Grubhub, Uber Eats, DoorDash).

Catering is an additional revenue stream with room to grow.

The space is approximately 450 sq ft street level with an basement housing a prep kitchen and walk-in cooler. HVAC is brand new. Bagels are sourced fresh daily from a reputable NYC wholesale supplier — no bagel oven or kettle required, keeping operations simple and equipment costs low.

Lease has approximately 12 years remaining (7 years + 5-year option) at $11,000/month with 3% annual escalations.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

Lease has approximately 12 years remaining (7 years + 5-year option)

Leasehold Rent:

$132,000 per annum

Business Operation

Reasons for selling:

Other business interests.

Employees:
6