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Nice Upscale Bagel Shop
Westchester County |
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Large bagel shop/deli in a very upscale neighborhood. Sits in large shopping center with lots of traffic and parking. Business has been around for more than 20 years, and has a very well known name and reputation in the area. Bakes its own bagels, muffins, croissants and more. Does a big breakfast and lunch business. Besides the normal sandwiches, it offers soups, hot pastrami and other meats, as well as a full line of fish and salads. There is hardly any competition in the surrounding area. Plus a major brand name store is moving into the shopping center and will be opening right around Thanks Giving. The business is being run practically absantee. Don't let this business get away, its a cash cow! Hurry it won't last!
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Listing Number: 260
Morris Cohen - Listing Broker
122 Ogden Avenue, Dobbs Ferry, NY 10522
Telephone - (914) 674-9580
E-mail -
mcohen@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Bagel Shops |
| Asking Price |
$395,000 |
| Gross Sales |
$780,000 |
| Cash Flow |
$160,000 |
| FFE |
$40,000 |
| Inventory |
$5,000 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
6 - Full-Time
8 - Part-Time |
| Facilities |
Beautiful 2000 square foot bagel shop/delicatessen, 8.5 years remaining on lease. Top of the line equipment, oven for baking, 6 burner stove, grill, huge walk in ice box plus a walk in freezer. 8 tables with seating for 16. Facility makes its own bagels, croissants, muffins, and tons of hot food and catering platters. Located in a shopping center with lots of traffic and parking. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Competition is not an issue. The business has a great reputation and has been doing a steady business for years.
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| Growth Notes |
Owner does very little advertising, does not go out to get any catering business. Owner is almost never there. A working, aggressive owner could increase business easily, reduce labor and product costs and make a lot more money.
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| Support Training |
Owner will suppply ample training. |
| Year Established |
1983 |
| Financing Terms |
Owner will hold a note for a reasonable time period. |
| Reason for Selling |
His wife wants him to sell. |
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