What an awesome opportunity to own this prime North Shore real estate with a fully turn key bagel store that is all set up for an experienced operator. Current owner does not take advantage of the huge potential this 2000 sq ft free standing building w / parking lot has to offer. With an experienced operator , you can own the property and bring the sales and profit to the next level. This location has everything already in place to build up walk-in sales , on line sales & catering. The bagels are made on premise the old fashion boil & bake way , which is the best way!!. Currently grossing $600k , the business is listed at $299k and the property at $850K. The seller will entertain a package deal at $1,099,000. Taxes on the property are $13K. Additional to owning this property is the air rights to build up to 35ft. This would increase the income and the value of the property!

Owning this prime North Shore real estate with a fully turnkey bagel store is an incredible opportunity for the right operator. It's great that the bagel store is already set up and operating, but there is so much untapped potential that an experienced operator could unlock.

Here's a breakdown of the opportunity:

  1. Location: The property is situated in a prime North Shore location, which has good visibility and access to foot and vehicle traffic. 

  2. Size and Facilities: A 2000 sq ft free-standing building with a parking lot provides ample space for both customers and operations. 

  3. Turnkey Operation: The fact that the bagels are made on-premise using the traditional boil and bake method is very appealing to customers looking for authentic, quality products. What an advantage to have the infrastructure for production already in place.

  4. Growth Potential: Despite currently grossing $600k, there's so much room for growth, particularly in increasing walk-in sales, online sales, and catering. This could be done with marketing efforts, menu expansion, or improving operational efficiency.

  5. Package Deal: The option for a package deal including both the business and the property is attractive for someone looking to secure both assets simultaneously. This could streamline the purchasing process and potentially offer cost savings.

  6. Seller Flexibility: The seller's willingness to entertain a package deal shows a degree of flexibility, which could potentially benefit the buyer during negotiations.

Property Information

  • Listing Number: 12277
  • State: New york
  • County: Suffolk

Financial Information

  • Asking Price:$1,099,000
  • Gross Income:$573,000
  • Cash Flow:$139,532

People Also Viewed

Subscribe to Our Listings!

Subscribe to get latest updates and information of listings.