NY BAGEL CAFÉ & DELI Newburgh Store For Sale $50K
NY Bagel Café president Joe Smith appears to have his Newburgh, NY store listed for sale on Craigslist for $50,000. Ad says the owner “has other interests” and “is moving on to other things.”
(UnhappyFranchisee.Com) Joe Smith, founder of the controversial NY Bagel Café & Deli chain, appears to be trying to unload the sole non-franchise, company location, which is located in Newburgh, NY.
Two ads currently are running on the local Craigslist site for Hudson Valley, NY.
While the estimated start-up expenses for a new NY Bagel Café is between $100,000 and $200,000, Joe is trying to sell his store for just $50,000.
The Craigslist ads read:
BAGEL COFFEE DELI BIZ FOR SALE – $50000
20 year old bagel store for sale Fresh Baked N.Y. Bagels coffee cappuccino baked goods muffins crumb cakes full boars head deli wraps salads paninis soups and much more great location with outside seating owner moving on to other things $50k firm call 845-563-0891 for more details Located in the town of newburgh
and
BAGEL COFFEE DELI BIZ FOR SALE – $50000
20 YR. Old Bagel store offering fresh baked NY Bagels coffee capuccinos baked goods wraps salads smoothies full boars head deli and much more Owner has other interests free standing building parking and outside deck for eating call 845-563-0891 $50,000 firm located in the town of newburgh
Here’s are PDFs of NY Bagel Newburgh ad #1 and NY Bagel Newburgh ad #2.
It’s not clear whether the store is being sold as a franchise, or whether the buyer will be free to rebrand.
NY Bagel Café is not registered to sell franchises in New York state.
Since there is no registered trademark for “NY Bagel Café,” a new owner would likely not have to change the name if he took over the store.
NY Bagel Café, CEO Joe Smith and franchise broker Dennis Mason have been the subject of much controversy and several investigations into their franchise practices:
What’s Going on with NY Bagel Café Newburgh?
Joe Smith appears to be eager to shed the Newburgh NY Bagel Cafe. with ads on Craigslist.
Facebook posts on the company pages announced that NY Bagel Café Newburgh has new management.
NY Bagel Café Newburgh also has a new phone number.
Does anyone know what’s going on with NY Bagel Café Newburgh?
ALSO READ:
NY BAGEL CAFÉ Franchise Graveyard
NY BAGEL CAFÉ Franchise: How Many Have Closed? [UPDATED]
NY BAGEL CAFÉ Franchise Fraud Investigation by MD Attorney General
Joe Smith, Dennis Mason & NY Bagel Café Franchise Exposed: 10 Things You Should Know
NY BAGEL CAFÉ & DELI Franchise Complaints
DENNIS MASON Franchise Complaints
NY BAGEL CAFÉ Franchise a Scam? MA Woman Says Yes
ARE YOU FAMILIAR WITH NY BAGEL NEWBURGH, NY BAGEL CAFÉ FRANCHISE OPPORTUNITY, JOE SMITH OR DENNIS MASON?
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