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Established Bagel Shop In High Traffic Shopping Center For Sale

Nassau County, New York, US
Asking Price:
$799,000 Furniture / Fixtures included
Sales Revenue:
$1,347,000
Cash Flow:
$325,000

HS Listing ID-63636


Location: Situated in a high-traffic shopping center.

Lease: 6-year term (with extension option).

Size: Approximately 2,100 sq ft.

Staffing: 4 full-time and 7-8 part-time employees, plus 2 working owners (total of 85 hours per week).

Payroll Expenses: Approximately $800 per week.

Food Cost: Average approximation of 31% (including paper cost).

Payment Ratio: Cash/Credit is approximately 55/45.

Business Hours: 6 AM – 3:30 PM, 7 days a week.

New Revenue Stream: Catering to a local school since September 2024, generating $5,000-$6,000 per month with a 60% margin.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

6-year term

Size in square feet:
2,100 sq ft

Business Operation

Reasons for selling:

Other business interests.

Employees:
13-14

Other Information

Support & training:

Yes.