Established Bagel Shop In High Traffic Shopping Center

Nassau County, NY
listing image
Asking Price:$799,000
Gross Revenue:$1,347,000
Cash Flow:$325,000
BUSINESS DESCRIPTION

HS Listing ID-63636

Location: Situated in a high-traffic shopping center.

Lease: 6-year term (with extension option).

Size: Approximately 2,100 sq ft.

Staffing: 4 full-time and 7-8 part-time employees, plus 2 working owners (total of 85 hours per week).

Payroll Expenses: Approximately $800 per week.

Food Cost: Average approximation of 31% (including paper cost).

Payment Ratio: Cash/Credit is approximately 55/45.

Business Hours: 6 AM – 3:30 PM, 7 days a week.

New Revenue Stream: Catering to a local school since September 2024, generating $5,000-$6,000 per month with a 60% margin.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Nassau County, NY
Inventory
Included in asking price
Real Estate
Leased
Support & Training
Yes.
Reason for Selling
Other business interests.
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Nicholas Martello
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Nicholas Martello