Description

Discover a remarkable opportunity to acquire a thriving bagel business nestled in one of Brooklyn's sought-after neighborhoods. This elegant bagel store is strategically located in the Cobble Hill area, characterized by a sophisticated ambiance and a high volume of foot traffic. Situated on a corner cap with a four-way stop light intersection, the store boasts excellent curb appeal, contributing to its overall charm.

Business Highlights:

  • Prime Location: Located in the heart of Brooklyn's Cobble Hill, this bagel store benefits from a prime position in a gentrified neighborhood, attracting a diverse and discerning customer base.

  • Exceptional Foot Traffic: Positioned at a four-way stop light intersection, the store enjoys a constant flow of foot traffic, enhancing its visibility and attracting both locals and visitors.

  • Resilience Post-COVID-19: Despite the challenges posed by the pandemic, this bagel store has not only weathered the storm but has seen a robust rebound in sales. Current numbers indicate a positive trajectory with continuous growth.

  • Favorable Lease Terms: With a monthly rent of only $9,000.00 , the lease terms are highly favorable, providing the operator with significant profit potential.

  • Impressive Sales: The store is currently achieving monthly sales of $125,000 and continues to experience growth. Revenue streams are diversified, with 70 to 80% generated from in-store sales and the remainder from catering and delivery apps.

Confidentiality and Contact Information: This lucrative opportunity is ready for the next owner to capitalize on its success. Interested parties are invited to reach out directly for further details. Proof of funds is required for consideration.

Property Information

  • Listing Number: 12173
  • State: New york
  • County: Kings

Financial Information

  • Asking Price:$895,000
  • Gross Income:$1,550,000
  • Cash Flow:$287,568

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