Reading Closed D'Amici's Bakery Cafe

Reading, MA
Middlesex County

Downtown


Asking Price: Annual Revenue:
$80,000 $800,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Reading Closed D'Amici's Bakery Cafe Broker: Mr. Williams

Quick Facts

Asking Price: $80,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 256419596
Broker Reference #: EWEM1234

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Business Overview:

LOCATION: DOWN TOWN READING

SELLING PRICE: $80,000 DOWN PAYMENT: ONLY $35,000

SALES VOLUME: Original owner had been doing approx. $15,000/week

LEASE: Cheap $4,000/month (includes NNN) Years Left: new lease available

SQUARE FOOTAGE: 2,000 square feet with huge, dry basement with extra walk-in.
SEATING: (inside 40 seats) (outside 12 seats)

COMMENTS: This was one of the best of 5 VERY popular cafes on the North Shore.
Prior owner was inexperience and totally mismanaged this unit. Parking lot nearby. Bakery products were dropped-shipped from commissary. The place is turn-key.
$35,000 puts you in business. Come and see it and let your mind create your next business.
Contact Mr. Williams or Betsy

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Property Features and Assets:

Located in the Downtown area with lots of foot traffic. This location could be Pizza, Deli, Jersey Mikes, Firehouse Subs or a very nice bakery

Market Competition and Expansion:

None in the area.

Additional Details:

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

Documents:

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