Bagel Cafe- Upscale in wealthy town

Location: Sound Shore Town, Westchester County, New York

Primary Category: Retail - Restaurants
Secondary Category: Retail - Other Eating & Drinking Places
Your Reference ID: 453

Date Last Updated: 3/30/10

Financial Information
Asking: $175,000
Gross: $662,794
Cash Flow: Not Disclosed
Furniture, Fixtures & Equipment: $103,000
Inventory: $7,500 (included in price)
Seller financing is available

Summary Description
Well established Bagel Cafe located in a very nice village. Currently absentee owner operated. Main street location. Near parking lots. Full line of bagels, salads, sandwiches and more. 30 seats inside that are not cramped in. Bagels are made in the basement each day. LOCATION LOCATION. Good financial records.

General Information
Facilities: Beautiful bagel cafe on main street in exclusive Mid-Westchester town. 1,300 square feet on main level plus a full basement where the bagels are baked. 30 seats. Close to parking lots.
Competition: Well established bagel cafe. There is competition in this town but this business has a superior location and a well established following.
Growth and Expansion: Add catering to nearby offices and homes. Advertise! Market. Current absentee owner has not maximized this type of expansion.
Support/Training: Two weeks or as negotiated
Reason Selling: Owner of 4 other businesses
Year Established: 1996
Employees: 7

Contact Information
Contact: Steve Lovas
Phone: 914 552 0888
Email: slovas@chandalar.com