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Bagel Store Cafe For Sale In Manhattan

New York County, New York, United States
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Asking Price$250,000
Revenue$425,000 EstablishedUndisclosed
Cash Flow$112,500 Employees3 full, 1 part
FF&E$100,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This Manhattan-based Bagel Store continues to grow in leaps & bounds from its founding less than a year ago. Before opening, the space was fully renovated with new fixtures. including walls and floors and everything surrounding. This is an elegant contemporary store that has no competition for miles around. The 3 full-time and 1 part-time employees open & close the store without the owner having to be there. Were it not for her 2 hour commute each way and 2 children with whom she wants to spend more time, the owner would love to stay on to see this business grow to its full potential. She will be delighted to share some ideas for realizing that potential when you meet in person. The rent of $1,400/month is significantly below market for 550 sq. ft. in this already gentrified and very safe Manhattan neighborhood. It's just up the block from a major subway station and main NYC avenue with tons of foot traffic. On-line delivery orders are becoming a bigger and bigger factor in gross sales. A new owner would be well-advised to apply for a sidewalk seating permit to handle the overflow from inside the store and to stay open later, as this neighborhood is always hopping. Besides bagels, this store is known for its delicious pastries that customers come for and order from far & wide. The potential is limitless! Please be very discreet when visiting this Bagel Store, as its employees and customers do not know the business is for sale. If you would like to take the next step, kindly call the listing broker Jay Goldman to make an appointment for you to meet with the seller and get a full tour of the facilities. Please call 1-877-735-5224 for further information.

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Training/Support:The seller will train the new owner.
Seller Financing:250,000.00 Down & Make your best all-down offer!!
Sale Reason:The owner loves this business, but can't take the 2 hour commute each way fromwhere she lives any lo
Ad #98600
Seller Reference #30418
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Jay Goldman
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