$95k Net Income Bagel Store In Lower Manhattan
Business Description
Established bagel café located in one of Manhattan's most sought-after neighborhoods. The business is projected to generate approximately $950K in gross sales this year in 2026, with a net income of $95,000, and year-over-year growth of 8–10%. Average weekly sales range from $17K–$20K, with weekend volume alone reaching $7,000–$7,500.
Operations: A full-time manager is in place and willing to remain. Total 6 employees.
Current hours are 7:30AM–4PM with weekend hours being extended to 8PM, offering immediate upside.
Online ordering is active via the business's own website (launched April 2026) plus all major delivery platforms (Grubhub, Uber Eats, DoorDash).
Does very little catering. Potential to increase sales by pushing catering.
The space is approximately 450 sq ft street level with an basement housing a prep kitchen and walk-in cooler. HVAC is brand new. Bagels are sourced fresh daily from a reputable NYC wholesale supplier — no bagel oven or kettle required, keeping operations simple and equipment costs low.
Lease has approximately 12 years remaining (7 years + 5-year option) at $11,000/month with 3% annual escalations.
Reason to sell: Owner is 83 years old.
Operations: A full-time manager is in place and willing to remain. Total 6 employees.
Current hours are 7:30AM–4PM with weekend hours being extended to 8PM, offering immediate upside.
Online ordering is active via the business's own website (launched April 2026) plus all major delivery platforms (Grubhub, Uber Eats, DoorDash).
Does very little catering. Potential to increase sales by pushing catering.
The space is approximately 450 sq ft street level with an basement housing a prep kitchen and walk-in cooler. HVAC is brand new. Bagels are sourced fresh daily from a reputable NYC wholesale supplier — no bagel oven or kettle required, keeping operations simple and equipment costs low.
Lease has approximately 12 years remaining (7 years + 5-year option) at $11,000/month with 3% annual escalations.
Reason to sell: Owner is 83 years old.
About the Business
- Opportunities for Growth
- Reduce payroll. Increase catering sales.
Real Estate
- Owned or Leased
- Leased
- Rent
- $11,000.00 per month
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2500085
- Listing Views
Listing ID: 2500085 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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