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Profitable Bagel Shop with potential for more for sale in Rockland County, New York
Profitable Bagel Shop with potential for more
Rockland County |
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Bagel shop on a main road in Rockland County. No baker needed to run this store. Owner has contract with supplier to deliver bagels so they are ready to go from supplier into the oven. Oven is on timer, so a person does not need to be in early to pre-heat oven. All you do is seed bagels and then put them into the oven to cook. Great opportunity. Owner currently offers a limited grill menu and selection. Good starting income with huge potential for more. Won't last long. Bagel shop has been there for many years. Current owner has owned it for about 2 years. Current owner is selling because he just inherited property down South. |
Listing Number: 20
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 |
$125,000 |
| Gross Sales |
$325,000 |
| Cash Flow |
$90,000 |
| FFE |
$40,000 |
| Inventory |
$5,000 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
2 - Full-Time
0 - Part-Time |
| Facilities |
1200 square foot bagel shop with 8 years remaining on lease. Has walk in ice box, steam oven to make bagels and grill for breakfast and lunch offerings. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Business has been here for number of years. No new bagel shops have opened in the area. |
| Growth Notes |
Tremendous potential for growth. Can easily increase product offerings. Currently offers a limited grill selection and no soups, wraps, sandwiches etc.. Store needs minor face lift that would increase business tremendously. |
| Support Training |
Seller will stay on for a reasonable training and transition period. |
| Year Established |
2002 |
| Financing Terms |
Seller willing to hold some paper |
| Reason for Selling |
Moving back down South. |
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