531 Franklin Ave
Franklin Square, NY 11010
Bagels on The Square · Property For Lease

This bagel store is a homerun location for any experienced bagel store/Deli Cafe owner. Bagels on the Square located at 529 Franklin Avenue in Franklin Square could and would be the only game in town if you ran it properly. There's no other high-quality bagel store in this area. 2400 Square ft in an L shape footprint: 25 foot frontage on Franklin Ave and an adorable side cafe entrance off the side street with parking lot access. Interior 10 ft + High ceilings fully equipped with a fully operational Bagel oven 60 amp service, Showcases are all operational HP AC unit works fine mixer two extra walking boxes in the basement stoves all hoods and Hood systems ansul systems are working fully functional, The store does need a front of the house renovation and the landlord will give you a 10 plus a five-year lease. The caveat to this is there will never be any real estate taxes, the owner is asking $33.50 per square foot which comes out to under $80,000 per year. The owner will offset any tenant improvements with a reasonable amount of free rent and will only give a favorable lease to an experienced operator who's willing to commit to renovating the space back to its original quality bagel store. There is the busiest Ralph's Italian ices on Long Island attached to this building so the opportunity for late-night hours is huge. Pictures are of the current space taken by me this week. CALL - TEXT FOR OPEN HOUSE DATES 516-779-8900 OR CALL YOUR AGENT**LANDLORD ASKING $50K KEY