Well Established Bagel Shop In Pittsburgh For Sale - Business for Sale

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Bagel Shop with Deli Fare in Pittsburgh, PA

Pittsburgh, PA, US
Added 27 days ago
Bagel Shop / Bakery

A 32-year-old bagel shop in Pittsburgh, PA, offering in-house baked bagels and deli fare with a 3,200 sqft location and seating for 70.

Key Information

Asking

$575K

Revenue

$1.0M

Earnings

$180K

Multiple

3.2x

Key Highlights

  • Established 32 years
  • Weekly sales: ~$20,000
  • Payroll: ~$6,500/week
  • Rent: $10,857/month (includes taxes & CAM)
  • Insurance: $9,687/year
  • Utilities: $37,827/year
  • Premises: 3,200 sqft with 70-person seating capacity
  • Fully staffed with a manager; owner operated
  • 70% of sales by credit card, 30% in cash
  • Located on Main Street in Pittsburgh, surrounded by major colleges and hospitals
  • Business is closed on Mondays
  • Stopped wholesale business; some cash sales include catering and wholesale
  • Oven is 20 years old, boiler is ~18 years old, mixers are 8 years old (150 qt and 80 qt)

Contact Info

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