High-Net, Established Bagel Shop Package for Sale in Prime Queens Location

Introducing an extraordinary opportunity to own two high-net, well-established bagel shops in the bustling neighborhoods of Queens NY. Both Bagel Cafes represent a lucrative investment with a strong presence in a high-traffic area renowned for its affluent demographics and vibrant commercial activity.

Business Overview:

• Prime Locations: Both locations are strategically placed to maximize visibility and accessibility.
• Asking Price: $1,350,000 for the combined package, reflecting the premium nature of these businesses in their respective markets.

Financial Performance:

• Robust Revenue Streams: The combined gross revenue of the two shops totals $2,236,000, with a net profit of $500,000, highlighting the efficiency and popularity of the businesses.
• Strong In-Store Sales: 1st location generates 80% of its revenue from high foot traffic, with 2nd location, also boasting substantial in-store sales and delivery revenue.

Operational Highlights:

• Well-Established: One of the location has been a staple in its location since the 1990s, and while the other site offers a unique mix of products including bagels and pizza, enhancing its market appeal.
• Experienced Management: Both locations are managed by capable teams, with a strong manager who oversees daily activities ensuring quality and service are maintained at high standards.
• Lease Terms: Favorable lease conditions with significant time remaining provide stability and potential for long-term growth.

Growth Opportunities:

• Online and Delivery Expansion: There is room to increase revenue through enhanced online ordering systems and expanding delivery services.
• Catering and Wholesale: Both locations have untapped potential in catering and wholesale.

Financial and Asset Details:

• Seller Financing: Available with a minimum of 50% down, terms negotiable, providing flexibility for the right investor.
• Included Assets: Sale includes all necessary equipment and inventory, with additional details negotiable based on buyer's needs.

Investment Considerations: This package offers not just two profitable businesses but a gateway into the heart of Queens' dynamic food service scene. The shops' longevity, combined with their strategic locations and robust financial performance, make this an ideal investment for anyone looking to capitalize on New York City's evergreen demand for quality bagel shops.