Bakery/Cafe

Not Disclosed, NJ
Essex County


Asking Price: Annual Revenue:
$95,000 $400,000

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Bakery/Cafe Broker: Ron Cervelli

Quick Facts

Asking Price: $95,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1967
Employees: 6
BBN Listing #: 52163909
Broker Reference #: BKRY142

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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 2018 gross yearly income of approximately $400,000 and a consistent net yearly income. 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 $6,000, 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. This is a most unusual opportunity representing a wonderful business and a dependable 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:

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. 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.

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.

Documents:

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