Business For Sale

Spectacular Bakery / Cafe with Property

Westhampton Beach, NY
Suffolk County

Asking Price: Annual Revenue:
$1,995,000 $1,895,317

Food & Beverage: Coffee, Cafe, Dessert

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RE: Spectacular Bakery / Cafe with Property Broker: Tony Calvacca
Owner Financing is Available!

Quick Facts

Asking Price: $1,995,000
Annual Revenue: $1,895,317
Net Profit: Not Disclosed
Cash Flow: $575,000
Total Debt: Not Disclosed
FF&E: $3,700,000
Real Estate: $4,000,000
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 815611983
Broker Reference #: 679

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Business Overview:

In the heart of Westhampton Beach stands a cheerful 13,272 square feet. European-style building, inviting people in with its sunny yellow awning and colorful flowers. Inside, it is full of tables and buzzing with customers eager to try some of the cakes, cookies, muffins, pastries, coffees and other lunch items on offer.

This business is a full-line bakery with café/restaurant, which did a 3.7 million dollar renovation in 2012. The building is now more spacious, 100% up to date and filled with very high quality equipment like the blast freezer that can go down to -35f. From the old building, only the charm stayed, the rest has all been renovated.

Along with the expansion, this Bakery Café now offers “Grand Café” options: eggs, omelets, sandwiches and salads and high-quality gelato made from scratch.

Gross Sales and profitability have steadily increased at this "destination" Bakery Café with Gross Sales for 2016 hitting 1,895,317 with $575,000 in Cash flow and 2017 projected to hit $2,300,00 in Gross Sales with Cash flow rising to $650,000.

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Property Features and Assets:

This business is operated from a 13,272 square feet. Building and virtually every part of the Building ( both inside and out) was totally renovated in 2012. The Bakery section on the First floor was expanded in 2012 from 2,000 square feet to more than 6,000 square feet resulting in a huge increase in sales of baked goods that continues to increase to this day. Also virtually all the equipment used in the operation is either new or in excellent condition. The HVAC and electrical wiring through out the entire building are in excellent condition so this business is truly 'Turn Key ". Additionally every aspect of the exterior of the building has been renovated including the front and back patios, the sidewalk seating area, the steps to the building and the roof. The location of the Business speaks for itself. Main street in Westhampton Beach , NY is a magnet for people who want to enjoy the "Good Life" and this landmark Bakery/ Café remains an integral part of that lifestyle.

Market Competition and Expansion:

Very Limited Local Competition. Opportunities for growth are numerous.

Reason for Selling:

Owner Retiring and Moving Back to Europe.

Additional Details:

  • The property is owned.
  • 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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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