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Business for Sale Summary

Unique Downtown Bagel Shop and Cafe - 30858

Business Type: delicatessen/catering services,nutrition & health food,other eating & drinking places,best deals!,new to market,restaurant/ cafes,bagel stores
Unique Downtown Bagel Shop and Cafe
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This business has received 55 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $275,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$275,000 Down and Please make your best all-down offer!

Business Description

Price Just Reduced! This Unique Bagel Shop & Cafe was established 18 years ago. Besides bagels, it offers the likes of lattes, omelets and salads, in an eclectic, antique-filled setting (with WiFi). Open 7am to 7pm. You could stay open later, since there is foot traffic into the wee hours in this trendy, young Manhattan hood. You will be impressed by the great reviews the cafe gets on Yelp. 65% of gross sales are made in-store and the balance of 35%come from internet delivery orders. While the owner only accepts cash in-store, you could dramatically increase your revenues, were you to accept credit cards. It would also be a smart move to get a beer and wine license. How about finally launching a website for this business? Social media initiatives could really boost the top and bottom lines here. Lastly, it would be a no-brainer to offer catering. There are seven years left on the lease and a five-year option on top of that. You'll find 850 square feet, both up and down. The fully-equipped kitchen includes roof venting. Please be very discreet when visiting this location, as the employees and customers do not know the business is for sale. Then, kindly contact the listing broker, Jay Goldman, to make an appointment to meet with the seller and get a full tour of the facilities. Please call 1-877-735-5224 for further information. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.