Seller's Contact Information
- RE: $75,000 NET Popular Bakery & Cafe W/ Great Equipme
- Contact: Mike Darmo
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $315,000 | |
Net Profit: | $75 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 1 | |
BBN Listing #: | 61259836 | |
Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a turn-key bakery and cafe with a strong following and top of line equipment in a great location with a great lease in place then look no further. The lease is only $2,200 per month with all cams included with one option with 4 years left. The business has the indoor dining still closed down and only does pick up and still producing consistently. Re-open the dining room and bring up the sales dramatically. The sales were stronger pre-covid but the seller is having health problems and that its why the dining room is closed and the business is for sale. The equipment there is all top of line and maintained to perfection with no expenses sparred. The store is 1,100 square feet with the furniture, fixtures, and equipment valued at $100,000. The seller is also offering amazing seller financing terms with $125,000 down the seller will carry $125,000 for 3 years at 7%. Cafe and Bakeries don't last specially with this kind of the deal with the amazing seller terms.
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Property Features and Assets:
1,100 square feet in a busy shopping center with great views from a busy street.
Market Competition and Expansion:
The business needs more online marketing and an aggressive owner to take to it the next level.
Reason for Selling:
Health Issues.
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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