Listing ID: 67849

Business Overview

Description: Well-established bagel shop in a prime Westchester, NY. In operation since 2000, the shop features many recent updates, making it a true turnkey operation. Located in a plaza with many anchor tenants and ample parking spaces. Makes bagels in house from scratch!


Overview:

Weekly sales: ~$23,000 / week (estimated)

Cash flow: ~$4,000  / week ($208,000 / year estimated)

Business Highlights:

Established 25 years

In shopping center with anchor tenants

Bakes in house (mix, kettle boil, oven baked)

Pastries made in-house

Cream Cheese made in-house

Owner operated

Fully staffed

9 years left on lease

1748 sft

Anchor tenants: TJ Maxx, Wells Fargo, ATT, Jenny Craig

 

Rent & Lease:

Rent: $13,800 ($11,369 base rent + $2,431 taxes & CAM)

Term: 9 years (terminates May 2034)

Sqft: 1748

 

Staffing & Payroll:

2 Full time counter / prep

1 Part time counter

2 Full time Bakers

Payroll: $5300 / week

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $330,000
  • Cash Flow: $208,000
  • Gross Revenue: $1,196,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:1,748
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.