Established bagel shop located in Nassau County, well known for making its own dough in-house and serving fresh bagels daily. The shop is situated near a university, offering strong potential for sales growth by diversifying the menu to cater to students and faculty.
The business is fully equipped with **high-quality, well-maintained branded equipment** that is relatively new and in excellent condition. It also features wholesale production equipment and a spacious layout suitable for expanding wholesale operations.
The property is a stand-alone building with multiple parking spaces, providing convenience for both retail customers and delivery operations.
Currently, the business is owner absentee, meaning the seller does not work on-site. A hands-on owner-operator could significantly increase revenue through active management, menu expansion, and operational improvements.
Asking Price:$450,000
Average Gross Income:$15,000 / Week
Size: 2,000 SF + Basement (1,000 SF) + Mezzanine Office (270 SF)
Lease: 10+ Years (Flexible terms, landlord is the seller)
Rent:$7,000 / Month
R/E Taxes:~$1,208/ Month (50% of current annual tax ~$29,000)
Electricity: $2,900 / Month
Gas: $1200/Month
Payroll:$5,100 / Week
Business Hours: 6am-4pm, 7 Days / Week
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Ad#:2396934