Successful and Growing Bagel Store in Manhattan - 30418

New York County, NY

Seller Financing Available
Successful and Growing Bagel Store in Manhattan  - 30418
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Asking Price: $150,000

Cash Flow: $112,500

Gross Revenue: $425,000


FF&E: $100,000

Inventory: $10,000*

Established: N/A

*not included in asking price.

Successful and Growing Bagel Store in Manhattan - 30418

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Business Description

This successful semi-absentee Manhattan-based Bagel Store continues to grow in leaps and bounds from its founding in May 2017. Before opening, the space was fully-renovated with new walls, floors, fixtures and much more. This is an elegant and hip store with no competition for miles around. The three full-time, one part-time employees open and close the store without the owner having to be there. She comes in on most Saturdays and Sundays to help with the non-stop flow of customers and pops in for a few hours a couple of times during the week. The rent of just $1,400/month is significantly below market for 550 sq. ft. in this already- gentrified upper Manhattan neighborhood. The store is just up the block from a major subway station and main NYC avenue with tons of foot traffic. Online delivery orders are becoming a bigger and bigger factor in gross sales. A new owner would be well-advised to apply for a sidewalk seating permit to handle the overflow from inside the store. You might also want to stay open later, as this neighborhood is always hopping. Besides bagels, this store is known for its delicious pastries that customers come for from far and wide. The potential is limitless! Please be very discreet when visiting this Bagel Store, as its employees and customers do not know it is for sale. Then, kindly contact the listing broker Jay Goldman to make an appointment for you to meet with the seller and get a full tour of the facilities. Please call for further information.

Detailed Information

New York County, NY
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
100,000.00 Down & The seller will finance $50K at 6% over 24 months
Support & Training:
Seller will train buyer.
Reason for Selling:
Selling due to her two hour commute and family.
Business Website:
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(from currently available funds)
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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