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- RE: Bakery Netting $208K Only 10% Needed To Buy
- Contact: Joseph Chiarello
Quick Facts
Asking Price: | $415,000 | |
Annual Revenue: | $600,575 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $208,530 | |
Total Debt: | Not Disclosed | |
FF&E: | $130,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1987 | |
Employees: | 12 | |
BBN Listing #: | 936718 | |
Broker Reference #: | 2702-18138 |
Business Overview:
This business has been pre-qualified for a loan with buyer only needing 10% down ($41,500). Buyer would take home after paying debt service $144,000. Buyer would earn their down deposit back within 3.5 months!
This Bakery has been owned and operated since 1938. Over the past 70 years, they have provided the Philadelphia area with exceptional customer service and high quality baked goods. They offer a wide variety of cakes, pastries, cookies, donuts, and miniature fancies.
They are an old fashion bakery that makes everything… and everything well. They take pride in this as the industry has become more specialized and bakeries begin to focus on limited product lines.
KEY POINTS:
- open only 6 days a week Tues-Sun
- closed Mondays
- full staff with manager 4ft/8pt
- owner will stay on for 12 months, possibly more if needed
- only 10% down needed to purchase
- sales continue to grow over last few years
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Assets = $210,000
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Pennsylvania businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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