Bagel Store Delicatessen In High Traffic Brooklyn Area For Sale

Business description

GREAT ECONOMY OR BAD ECONOMY = THIS LOCATION IS ALWAYS $$$$$ GOLD

This successful business is next (attached) to busiest Brooklyn train station and bus stop. The average daily foot traffic is more than 15,000 people per day (paying low rent with Manhattan's foot traffic). The rental rate is twice as cheap as current market price in the area, will be passed to the right owner. This busy store selling coffee alone is covering rent, electric, gas and other major expenses. The owner is in no rush to sell this business; he recently remodeled the entire store with brand new Italian tile, marble, granite, equipment, etc to make this the cleanest and highest quality store on the block.
Every season is a money maker: summer season - all beach crowd gets off the train station and stops by the store. Fall and winter time -- all students come in to eat. Regulars who go to work daily, always stop in to get their breakfast and again on their way back home. NY City project has been approved for build out of a giant mall a few blocks away, this means 5,000 to 8,000 additional foot traffic.

Growth/Expansion:
This business is run by semi-absentee owner. The right business owner can raise revenues substantially by being more involved in the business, adding deli and grill menu for which this business already has all the equipment (grill, hood, oven, etc), wholesale business of bakery items, ATM machine, cigarettes, Lotto, etc. Many offices in the area are asking for sandwiches, salad bar, juices, ice-cream, smoothies, freshly prepared food will be a big hit. This central location with heavy foot traffic MUST be open 24 hours/day. Due to the lack of time, the current owner does not have a food menu, nor offers catering or delivery service.
THIS OPPORTUNITY IS FOR THE RIGHT BUYER ONLY, RARE OPPORTUNITY TO FIND. IN THIS ECONOMY, HAVING THE BEST LOCATION IS A RISK-FREE WINNER.

Financing: Subject to offer
Support/Training: Information about suppliers and instruction on the operation of equipment. Owner willing to assist in beginning
Reason Selling: Personal

Call or Reply TODAY!!
Adam C. Skipka

Property information

Real Estate:

Lease

Lease terms:

includes RE Tax, 5 year with 5 year option 3%

Leasehold rent:

$70,044 per annum

Location:

Prime street Location, at train station and bus stop

Premises details:

1200 Sqft, Fully equipped kitchen makes all baked goods onsite

Size in square feet:

1,200

Business Operation

Expansion potential:

Growth/Expansion:
This business is run by semi-absentee owner. The right business owner can raise revenues substantially by being more involved in the business, adding deli and grill menu for which this business already has all the equipment (grill, hood, oven, etc), wholesale business of bakery items, ATM machine, cigarettes, Lotto, etc. Many offices in the area are asking for sandwiches, salad bar, juices, ice-cream, smoothies, freshly prepared food will be a big hit. This central location with heavy foot traffic MUST be open 24 hours/day. Due to the lack of time, the current owner does not have a food menu, nor offers catering or delivery service.

Reasons for selling:

Other Businesses

Employees:

8

Other information

Support & training:

2 Weeks

Furniture / Fixtures value:

$350,000 (included in the asking price)