• Prime Nassau County Location: Corner unit in a major shopping plaza with excellent visibility and unlimited parking.
• Established Brand: Over 30 years in business with a strong community reputation and loyal customer base.
• Modern Facility: 1,800 sq ft store plus basement storage, completely rebuilt in the past 5 years. All major equipment is only 5 years old.
• Strong Financials: Annual sales of ~$2.4M with consistent weekly averages of ~$47K in 2025, up from ~$44K in 2024. Recent peak months exceeded $215K.
• Revenue Mix: ~90% retail sales (bagels, breakfast sandwiches) and ~10% wholesale and catering, including multi-year school contracts.
• Staff & Operations: 19–21 employees including a salaried manager. There is currently another key player in the business that can also be a manager.
• Owner-Operator Upside: Significant payroll savings available — current salaried manager earns nearly 6 figures, providing substantial trim potential for an owner-operator.
• Owner's Role: Semi-absentee ownership — current owner spends ~5 hours per week on the business & about 5 hours in the business. He doesn't need to be there but he chooses to go there on his free time.
• Lease: ~7.3 years remaining with 3% annual increases.
• Seller Financing: Seller is looking for an all-cash buyer but may consider a small note for a well-capitalized, experienced buyer with strong down payment. Willing to negotiate price further for an all cash deal. DOES NOT QUALIFY FOR SBA.
• Reason for Sale: Owner shifting focus to real estate ventures.
• Growth Potential: Expansion opportunities include increasing catering, corporate accounts, delivery, brand modernization, menu expansion, and extended hours.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2415634
