Unique Downtown Bagel Shop and Cafe - 30858

New York County, NY

Seller Financing Available
Unique Downtown Bagel Shop and Cafe   - 30858
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Asking Price: $275,000

Cash Flow: $130,000

Gross Revenue: $650,000

EBITDA: N/A

FF&E: $100,000

Inventory: $10,000*

Established: N/A

*not included in asking price.

Unique Downtown Bagel Shop and Cafe - 30858

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Business Description

Price Recently Reduced! This Unique Bagel Shop & Cafe was established 18 years ago. Besides bagels, it offers the likes of lattes, omelets and salads, in a very cool, antique-filled setting (with WiFi). Open 7am to 7pm. You could stay open later, since there is foot traffic into the wee hours in this trendy, young Manhattan hood. You will be impressed by the great reviews the cafe gets on Yelp. 65% of gross sales are made in-store and the balance of 35% come from internet delivery orders. While the owner only accepts cash in-store, you could dramatically increase your revenues were you to accept credit cards. It would also be a smart move to get a beer and wine license. How about finally launching a website for this business? Social media initiatives could really boost the top and bottom lines. Lastly, it would be a no-brainer to offer catering. There are seven years left on the lease and a five-year option on top of that. You'll find 850 square feet, both up and down. The fully-equipped kitchen includes roof venting. Please be very discreet when visiting this location, as the employees and customers do not know the business is for sale. Then, kindly contact the listing broker, Jay Goldman, to make an appointment to meet with the seller and get a full tour of the facilities. Please call 1-877-735-5224 for further information.

Detailed Information

Inventory:
Not included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
275,000.00 Down & Please make your best all-down offer!
Support & Training:
Yes
Reason for Selling:
Moving on to international business interests after owning this one for 18 years
Business Website:
http://www.vestedbb.com
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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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