Thriving Bagel & Deli in Nassau County: 42 Years of Success, Low Rent

Farmingdale, NY
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Asking Price:$275,000
Gross Revenue:$657,540
Cash Flow:$148,724
BUSINESS DESCRIPTION

Iconic Community Bagel Shop for sale for the first time! Owner is ready to retire after serving the community for 43 years!

Key Features:

Turnkey Operation: Fully staffed with experienced employees and well-maintained equipment, including an industrial-sized bagel oven perfect for wholesale operations. Brand new grease trap, walk-in refrigerator compressor, and a security system with CCTV cameras ensure smooth operation.
Prime Location: This established shop enjoys a loyal customer base and has excellent potential for even greater sales.
Unexploited Revenue Streams: Expand on the current success by implementing wholesale options, full-service catering, extended business hours, and a wider delivery network. Weekly sales could easily reach $20,000 or more with these additions, especially with more focus on the lunchtime crowd that is currently underserved.
Strong Foundation: Low monthly rent of $3,900 with a long lease term (7 years remaining) and a renewal option provides ownership stability.
This is a golden opportunity to own a profitable business with a loyal following.


DETAILED INFORMATION
Location
Farmingdale, NY
Inventory
Not Included in asking price
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Henry
GALASSO
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Henry GALASSO