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Nice Bagel Shop with Great Bagels for sale in Westchestser County, New York
Nice Bagel Shop with Great Bagels
Westchestser County |
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Nice clean bagel shop located on a major street in one of the largest cities in Westchester County. Lots of car and foot traffic. In addition, store is close to a bus stop and tons of business buildings are in walking distance of the store. They are known for their fantastic bagels, which they bake on premises. They have a grill, a small commercial stove/oven and a baking oven, in addition to all the equipment necessary to make the bagels from scratch. 10 years remaining on lease. |
Listing Number: 47
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 |
$425,000 |
| Gross Sales |
$580,000 |
| Cash Flow |
$185,000 |
| FFE |
$80,000 |
| Inventory |
$2,500 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
4 - Full-Time
2 - Part-Time |
| Facilities |
Nice clean bagel shop. Leased space is 1200 square feet, 800 sq. ft. for store, 400 sq. ft. in the back for baking and storage. 10 years remaining on lease. Top of the line equipment, oven for baking, stove, grill, and a walk in ice box. 4 tables and a window counter with total seating for 12. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Store has been there for over 10 years. Very established and has a great reputation for fantastic bagel. |
| Growth Notes |
Menu can be expanded. They could expand offerings for breakfast and lunch which would increase profits tremendously. |
| Support Training |
Owners will train for a reasonable timeframe. |
| Year Established |
1990 |
| Financing Terms |
Owner willing to hold a note for 50% of the selling price. |
| Reason for Selling |
Partners splitting up |
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