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Maryland Business For Sale |
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| WELL FOUNDED BAKERY |
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| Attn: Harry Wolf |
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| Baltimore City, MD, USA |
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| Asking Price: |
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$475,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Producers, Bakery, Farms |
| Reason for Selling: |
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The seller is willing to train. |
| Year Established: |
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1948 |
| # of Employees: |
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10 |
| Yearly Gross Income: |
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$608,536 |
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Business for Sale Overview:
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This is a popular kosher bakery that has long been established on this side of Baltimore City for 60 years. The present owner has been there since 1965. All of the recipes would convey to the new owner.
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Property Features and Assets:
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This kosher bakery is located in a nice, visible strip center. It has 4,200 square feet plus a 2,000 square feet basement. The rent is $4,932 per month NNN plus pass through charges of $675 per month. The sale would be contingent upon the negotiation of a new lease or the extension of the existing lease.
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Market Competition and Expansion:
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Competition: This is a densely populated area.
Growth and Expansion: Since the current owner is Jewish, due to religious reasons he is only permitted to be open 6 days a week. A non-Jewish owner would be permitted to be open 7 days a week. This would greatly improve sales since he is currently closed on Saturday.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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