Profitable Bagel Shop for Sale - East Northport, New York

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PRICED TO SELL!
Asking Price:
$229,000

Gross Revenue:
$550,000
Cash Flow:
$111,300
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Profitable Bagel Shop for Sale Centrally Located in East Northport. 550,000 in Annual Sales with Local Population of 175,000 and Amazingly Low Rent of Rent with Taxes is only $3100. Family Owned for the past 24 years.
Grow or start your business with this legacy bagel shop for sale! This 1500 square foot location provides everything you need. This location is centralized to schools, businesses, and health care facilities. Therefore, catering, delivery and take out are the staples of this bagel store business for sale.
We Sell Restaurants and we want to be the first to show you the amazing bagel shop for sale. Take this already successful business open for nearly a quarter century and growth it beyond your expectations. There is some much potential with not only the diners, but there is tremendous growth in catering, delivery, and take-out. Use those marketing skills to utilize Grubhub, UberEats, and Yelp. Once your guest tastes your food, they will be coming back for more. “We Sell Restaurants” can't wait to show you this wonderful opportunity.
Get off the ground running with this Bagel Shop for sale doing $550,000 in sales annually. The 1500 square feet layout accommodate room for all your guest to order and to display all your wonder food. The kitchen is fully equipped for any bakery to prepare all the wonderful bread, cooked food, salads and desserts. Rent is just under $3100 which includes taxes. Also, the lease runs through to 2024 with a 5-year extension.
East Northport is a wonderful place to work and live. The demographics in East Northport make it attractive for any restaurant business. With an average household income of $135,000, the average age of 41 and a population in excess of 175,000 within a 5-mile radius. The LIRR and local parkways are only minutes away. This is the perfect blend to make your ownership of this bagel shop for sale a successful business.

About the Business

Location:
East Northport, New York
Year Established:
1997
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$3,105.00 Per Month
Lease Expiration:
1/1/2024
Facilities:
large hood Large mixer flattop grille ovens convection oven refrigerators freezers walk in box ample dry storage shelving small appliances smallwares
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Great location on busy road Been in business for 24 years Strong customer base
Growth & Expansion:
Great protentional for catering Utilize Social Media and Marketing
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About the Sale

Reason For Selling:
Retirement
Training/Support:
yes

Listing Info

ID:
1667498
Ad Detail Views:
346

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Business Listed by

Michael Kelly

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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