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Business for Sale Summary [Non-Confidential]

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New York County, NY

Business Type: retailing businesses,bakers & confectioners,delicatessen/catering services,other eating & drinking places

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $375,000.00

  • Gross Revenues

    $458,000.00

  • Financing

    $ 375,000.00 Down and TBD

  • Owner's Cash Flow

    $136,033.00

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Business Description

This is a famous name kosher bakery on the Lower East Side. Great Cash flow, owner changed the model slightly focusing more on the retail sale and less on the wholesale, although there is still a thriving wholesale business. A new owner has the opportunity to rejuvenate the wholesale business and keep the popular retail business. Small seating area, mostly take out. Kosher and Parve. Also sells through a web site and offers delivery service in Manhattan. There is a huge brick oven which bakes all the bialys, everything is handmade. They are the #1 in New York. Family owned, operated and fully staffed business. There are still 8.5 years left on the lease with a renewal option for 5 additional years.

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