Description

Exceptional opportunity to purchase a well-established Bagel and Deli Shop in Nassau County, LI.   This business has been serving Bagels for over 40 yrs the old fashioned way BOIL and Bake way, The Best way!!  Fully staffed, all equipment in good condition, including an industrial size Bagel Oven capable of supporting a wholesale network, brand new grease trap, brand new walk-in fridge compressor, new security system with CCTV cameras.

The owner is ready to retire after four decades in the Bagel business.  A new owner/operator will have a great opportunity to compound the success of the business with additions such as Wholesale, Full-Service Catering, Longer Business Hours, Expanded Delivery Network and much more!  This location can easily do $20K or  a week in sales by tapping into the value-add opportunities just mentioned.  By extending the hrs you can increase the lunch that the current owners do not take advantage of.

Looking to run this business Absentee? The current staff is well-seasoned and capable of running the shop with some additional support. The current owner only works half-days. Anyway you slice it, this is a $$$ making operation for years to come.  

Key Highlights:  1) Low Rent $3,900/month with 7 Years Left and no problem to extend with LL

                            2). In Business for 42 years!

                            3). Well-Seasoned Reliable Staff

                            4). Amazing Neighborhood Reputation

                            5). High Growth Opportunity - Untapped Revenue Stream Potential 

If you would like to learn more, please contact Tamer Kassis at Office 631.271.1731 Ext 6 or Text/Call 516-467-6286. 

Property Information

  • Listing Number: 12287
  • State: New york
  • County: Nassau

Financial Information

  • Asking Price:$299,000
  • Gross Income:$627,484
  • Cash Flow:$118,668

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