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Gorgeous Bagel Store In Bronx County For Sale

Bronx County, New York, US
Asking Price:
$250,000 (USD)
Sales Revenue:
$562,500 (USD)
Cash Flow:
Available on request

Listing id # 32668

gorgeous bagel store in densely populated area of the bronx. Major price reduction! The location must been seen to be appreciated. It was built from scratch by the current owner will all high end finishes. This business is surrounded by hospitals, businesses and residential apartments and homes. This is an ideal operation during the pandemic. They offer bagels, sandwiches, breakfast & lunch bowls, froyo, acai bowls, fruit, smoothies and so much more. They have been steadily growing since they opened and currently average approx. $10-11k/wk in sales. They have a 19 year lease with a rent of $8,200/mth (negotiable due to covid) for a spacious 1,900 sf. Store with a private parking lot. They are open m-f 6am-5pm and sat & sun 6am-3pm. The owners are selling as one of them has retired and the other partner has a full-time job. This is ideal for an owner-operator, family or someone with multiple stores and experience in the industry. We are seeking a serious and financially qualified buyer with at least $189k in liquid funds to cover the down payment and $24k in inventory. The price is negotiable for a cash buyer who can move quickly. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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Business Operation

Reasons for selling:

One partner has retired.

Years established:

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

165,000.00 Down & $85K over 4yrs. @ 6%.

Furniture / Fixtures value:
$250,000 (USD)

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