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High Volume Bagel Store In New York For Sale

New York, US
Asking Price:
$695,000 Inventory / Stock included
Sales Revenue:
$1,200,000
Cash Flow:
$190,000

LISTING ID # 36290

Beautiful Bagel Deli Cafe is situated near the future site of hundreds of new condos, presenting a unique growth opportunity. This well-built store, currently open for limited hours, has significant potential. The seller is 100% absentee, with an expensive build-out and a 15-year lease at below-market rent. Once construction in the area is complete, the store can potentially double its current gross and net earnings. A hands-on owner could further increase net profit by reducing food costs and expenses. For more details, contact broker Jim Aloi. This is a must-see to appreciate its full potential.

Business Operation

Reasons for selling:

Other interests

Employees:
8 FT/3 PT
Years established:
5

Other Information

Support & training:

Seller will train

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

595,000.00 Down & $100,000 for 5 years @ 8%

Furniture / Fixtures value:
$200,000
Inventory / Stock value:
$5,000 - included in the asking price