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Asking Price$250,000
Revenue$458,000 Established1992
Cash Flow$136,033 Employees2 full, 2 part
FF&E$250,000 FranchiseNo
Inventory$2,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is a famous name kosher bakery on the Lower East Side. Great Cash flow, owner changed the model slightly focusing more on the retail sale and less on the wholesale, although there is still a thriving wholesale business. A new owner has the opportunity to rejuvenate the wholesale business and keep the popular retail business. Small seating area, mostly take out. Kosher and Parve. Also sells through a web site and offers delivery service in Manhattan. There is a huge brick oven which bakes all the bialys, everything is handmade. They are the #1 in New York. Family owned, operated and fully staffed business. There are still 8.5 years left on the lease with a renewal option for 5 additional years.
Training/Support:seller will train
Seller Financing:$250,000.00 Down and TBD
Sale Reason:tied down by the business; work 3 hours a day all day Sunday
Ad #43090
Seller Reference #21113
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Joseph DiBello
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