? High-Volume Bagel Store – Prime Bay Ridge Location with Major Area Growth ?
Weekly Sales: $33,000 | Net Profit: $275,000 | All Cash Offers Only
This is a rare chance to take over a well-established, high-performing bagel shop in a bustling corner of Bay Ridge, Brooklyn. Open daily from 6AM to midnight, the business generates $33,000 in consistent weekly sales — 70% via delivery and 30% walk-in — making it a true community staple.
? Business Snapshot
- Owner involvement: just 2–3 days/week for a few hours, mostly handling purchasing
- 15 employees with weekly payroll of $8,500
- Bagels delivered fresh each morning — no baking on-site
- Powerful lease: $8,700/month includes rent, electric, water, and property taxes
- Lease term: 16 years remaining with favorable 2.5% annual increases
- Strong annual profits: approx. $275,000 net
? Major Local Development = Major Upside
Located in a prime growth zone, the store is poised for a sales boost thanks to:
- A brand-new medical center opening nearby
- Over 200 new residential units being developed within walking distance
This creates an incredible opportunity for a hands-on operator to scale delivery volume and tap into a brand-new customer base.
? Why This Store Stands Out
- Exceptional fixed costs and a rare long-term lease structure
- 70% of business done through delivery = huge scalability
- Tons of untapped potential with active ownership and local marketing
? Deal Terms
- Asking Price: $825,000
- Structure: All cash only – not SBA financeable
- Serious buyers must sign NDA and provide proof of funds before disclosure of address
This listing won’t last long in a neighborhood that’s rapidly transforming. Inquire now to lock in a high-margin business with unbeatable lease value and tremendous growth potential.