HS Listing ID-37414
This exceptional opportunity offers the acquisition of two fully operational and profitable bagel shops, providing a unique advantage for a new owner-operator to make a strong entry into the industry or for an experienced buyer to expand their portfolio.
The current owner operates the businesses on a semi-absentee basis, with each store being staffed by 5 employees and managers in place. This presents an enticing prospect for an owner-operator looking to actively engage in the business and drive exponential growth.
Located in prime Suffolk County, both bagel shops enjoy close proximity of about 15 minutes from each other and serve a dedicated local community. These establishments have become neighborhood staples, boasting a multitude of 5-star reviews and a loyal customer base. Moreover, their strategic placement near various small businesses, renowned brands, parks, residential and commercial areas, as well as major roads and highways, ensures high visibility and customer traffic.
The spacious 1,600 SQ FT size of each location provides ample room for operations. One of the shops has undergone recent renovations, including an upgraded air conditioning system and new signs and banners, designed to attract even more business.
All bagels are made in-house, optimizing efficiency, while the dough is outsourced for maximum productivity. This portfolio can be great addition for an operator who has other locations that makes their dough in house already and can easily provide bagels to these locations.
With one location established for 15 years and the other for 7 years, both shops have a proven track record and longevity in the market, offering security and stability for long-term investment. Whether you're embarking on your entrepreneurial journey or expanding an existing venture, these seasoned locations are the ideal foundation.
Location A has a 3 year lease remaining with landlord's consent for an additional 10 year extension with 3% increases, Location B has 3 years remaining with a 10 year option already in place (also 3% increases)
Owner is looking to retire as he's been in the business over 10 years. He is motivated to make a deal with the right buyer.
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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.
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