Extremely Profitable Bakery & Restaurant

Flushing, NY
Queens County


Asking Price: Annual Revenue:
$249,000 $884,000

Food & Beverage: Miscellaneous


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RE: Extremely Profitable Bakery & Restaurant Broker: Thomas McGovern, MBA, CVA

Quick Facts

Asking Price: $249,000
Annual Revenue: $884,000
Net Profit: $160,000
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: NY
Year Established: 1978
Employees: 10
BBN Listing #: 999855875
Broker Reference #: Not Disclosed

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Business Overview:

Owner Sick

Owner is 75 years old and Sick

Sales $17,000 per week ($73,666 monthly Sales)

Rent $5,335 per month

1,600 square feet plus a prep area in the basement

10 Employees

Owner will show Financial Statements, bank statements and book records to prove income

The business was established 30 years ago and has been managed by a husband and wife since. The Owner's wife who has been managing the business is willing to continue working in the business for as long as you want.

E-2 Visa applicants need to look at this business.

Expected Annual Profit $150,000 to $200,000

The price is negotiable, feel free to look at it an make an offer.

Contact
Thomas

or email us.

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Reason for Selling:

Owner is sick and 75 years old.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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