Bakery/Cafe

Not Disclosed, NJ
Essex County


Asking Price: Annual Revenue:
$100,000 $400,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bakery/Cafe Broker: Ron Cervelli
Owner Financing is Available!
Can be considered with an appropriate down payment.

Quick Facts

Asking Price: $100,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $65,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1967
Employees: 6
BBN Listing #: 35503909
Broker Reference #: BKRY141

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Business Overview:

Fifty-year-old bakery café located in wonderful area of Northern, New Jersey and in an affluent city of Essex County, New Jersey. The business has a 2017 gross yearly income of $400,000 and a consistent net income of $65,000. The facility has been recently fully upgraded with new state of the art appearance consisting of two floors with an attractive image. This Bakery has provided delicious cakes, pastries and breads to its residents since 1967. They invite you to visit this stunning business and see for yourself the dedication to quality and service that has made them famous. They are a full-service bakery with a daily selection of over 100 freshly baked items and a self-serve café beverage center offering delicious fresh ground coffee & a variety of teas. Additionally, they offer cappuccino, espresso and lattes and a selection of natural European jams & jellies. The business transaction will offer an assignable commercial lease which expires 2029, plus additional options available, with a monthly rent of $5,900, cost per square foot is estimated at $14.00 and rent security of approximately $10,000. This bakery presently has six workers who are unaware of the pending sale and fully expected to remain post-closing employees, and the monthly payroll is approximately $5,000. The business has been valued / priced at $100,000 which is based on the seller’s representation of a multiple of the net yearly income and the value of the specific business assets. Also, possible seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a most unusual opportunity representing a wonderful business and a dependable income. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.

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Property Features and Assets:

This attractive facility consists of two floors, 5,000 square feet in a commercial building on an active avenue. The facility has a private entrance, seating and a bright attractive image. The bakery has a professional kitchen on two floors that are connected by stairs. This high-volume Bakery Café is in Northern NJ in an affluent area of Essex County on an active commercial avenue with a large volume of successful businesses.

Market Competition and Expansion:

This very successful bakery has no competitors in the general area, no new competitors are expected, and the seller has agreed to supply a long term non-compete agreement to the new operator. The business can be further developed with increased hours, improving the marketing system and by instituting a wholesale division resulting in an increase to the gross income.

Reason for Selling:

The owner is retiring after many years of success.

Additional Details:

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

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