Warrington, PA 18976,1438 EASTON RD
Warrington, PA 18976,1438 EASTON RD
Warrington, PA 18976,1438 EASTON RD
Warrington, PA 18976,1438 EASTON RD
Warrington, PA 18976,1438 EASTON RD
Warrington, PA 18976,1438 EASTON RD
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$300,000

$325,000

7.7%
Est.Price: ?

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Est. payment /mo

2,013 SqFt


SOLD DATE : 12/01/2023

Key Details

Sold Price $300,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,013 sqft

Price per Sqft $149

MLS Listing ID PABU2055460

Sold Date 12/01/23

Originating Board BRIGHT

Year Built 1991

Annual Tax Amount $29,998

Tax Year 2023

Lot Size 1.700 Acres

Acres 1.7

Lot Dimensions 0.00 x 0.00

Property Description

Nestled in the heart of Warrington, this charming bagel shop and cafe presents a remarkable opportunity for discerning entrepreneurs. Established in 2003, this privately owned establishment has seamlessly integrated itself into the fabric of the community. Known for its made-to-order breakfast and lunch offerings, the cafe has fostered a loyal customer base and a welcoming ambiance reminiscent of the famed "Cheers." With 23 distinctive bagel flavors crafted in-house, patrons are treated to a unique and airy texture, setting these bagels apart from traditional options. Complementing these bagels are 10 delectable cream cheese flavors using an array of fresh ingredients.

In addition to its bagel and spread selections, the cafe takes pride in its commitment to quality coffee. Sourced from local roaster Backyard Beans, the cafe serves organic coffee that embodies sustainability and ethical practices. For those seeking variety, flavored coffees from Green Mountain provide an additional range of options. Beyond bagels and coffee, the cafe offers a diverse menu, encompassing breakfast and lunch sandwiches, paninis, salads, soups, and smoothies, ensuring a delightful culinary experience throughout the day.

Positioned as a cherished community hub, this bagel shop and cafe holds significant brand recognition and is ideally situated in a prime location. This opportunity presents a chance to not only acquire a business but also to become a custodian of a culinary establishment fondly embedded in the local culture.

All documentation, such as lease, profit and loss statements, business overview, business evaluations, Schedule C's will be provided for qualified purchasers that will sign a confidentiality agreement. Owner is retiring but willing to work through a transition with the new owner to ensure continuity of menus, recipes and a loyal customer base. THIS IS A BUSINESS SALE ONLY. 2013 sq ft is the size of the leased commercial property, lease runs through April 30, 2028 with ability to renew. Monthly commercial rental rate to landlord is currently $3770.09. Detailed documentation is available including lease, P & L statements, Recent Business Evaluation Report for $374,000 as of Nov 2022 after a confidentiality agreement is received by potential buyer(s).

Location

State PA

County Bucks

Area Warrington Twp (10150)

Zoning 4283 COMM: RETAIL & SHOP

Interior

Hot Water Electric

Heating Forced Air

Flooring Engineered Wood

Heat Source Electric

Exterior

Garage Spaces 41.0

Waterfront N

Water Access N

Roof Type Architectural Shingle

Accessibility Level Entry - Main

Parking Type Parking Lot

Total Parking Spaces 41

Garage N

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Central Bucks

Others

Tax ID 50-027-046

Ownership Leasehold

SqFt Source Assessor

Security Features Security System,Smoke Detector

Acceptable Financing Cash, Private, Seller Financing, Other

Listing Terms Cash, Private, Seller Financing, Other

Financing Cash,Private,Seller Financing,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Sharon Spadaccini • BHHS Fox & Roach-New Hope
Bought with Susanne C Bencivengo • BHHS Fox & Roach-New Hope
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