Seller's Contact Information
- RE: Highly Successful Bakery & Cafe Highly Profitable
- Contact: Christina Lazuric Woscoff
- License #: 01495314
Quick Facts
Asking Price: | $1,390,000 | |
Annual Revenue: | $1,823,625 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $394,568 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1992 | |
Employees: | 25 | |
BBN Listing #: | 136763614 | |
Broker Reference #: | CW215 |
Business Overview:
Bakery & Cafe Local Legend Very Profitable SBA Possible!
This business is a local legend! They opened their doors in September 1992, a classic mom and pop operation: “mom” tended the store and “pop” prepared and baked all the breads, croissants, and pastries. Over the years, the business grew the old-fashioned way: by word-of-mouth. They started selling their products to local restaurants, hotels, and coffeehouses, which also increased awareness of our products.
With an expanded seating area, there's plenty of room for you to gather for breakfast, sandwiches, homemade soups, one of our many pastries or cookies, and so much more!
Today they have a staff of nearly 25, including bakers, pastry chefs, salespeople, and support staff.
Minimum cash need for SBA $350,000.
No matter what the economic climate- PEOPLE HAVE TO EAT!
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Property Features and Assets:
Located in a very busy strip mall on main road 1 soda display refrigerator 1 – 6 foot refrigerated/dry pastry display case 1 – 6 foot refrigerated/dry pastry display case (orig) 1 – 6 foot deli display case 2 POS stations, 2 printers, and Ipad 1 – 6 foot sandwich prep table 1 Bizerba meat slicer 12” 1 panini press 3 microwave ovens 1 sandwich oven 1 – 3 foot salad prep table 1 – 6 foot kitchen prep table 1 flat top grill 1 6-burner stove/oven 1 fryer 1 hood system 2 bread slicers 1 - 20 quart pastry mixer 1 - 30 quart pastry mixer and more!
Market Competition and Expansion:
This bakery has been a neighborhood staple since 1992 and supplies several local restaurants and grocery stores. The next closest bakery is 3.6 miles. This business could really benefit from a facelift to match the one that the plaza will do within the next year. Additionally, Increase menu, increase wholesale business with local businesses.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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