Seller's Contact Information

  • RE:  Colombian Peruvian Bakery Restaurant
  • Contact:  John Centrella

Quick Facts

Asking Price: $249,000
Annual Revenue: $660,000
Net Profit: Not Disclosed
Cash Flow: $180,760
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 7
BBN Listing #: 935490
Broker Reference #: 23075JXC

Email or Print Listing

Business Overview:

Well established Peruvian Colombian Bakery Restaurant in the Heart of Passaic. Solid 15 years history with roots in the Community. This restaurant Bakery has great Net returns with possibilities of increasing. Owner looking to move on. If interested contact: John Centrella

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Property Features and Assets:


Street parking 25,000 square feet basement included 2,500 square feet. 50 seats Opened 7 days 6am-10pm

Market Competition and Expansion:

No competition in the area.

Reason for Selling:

Moving on to other interests

Additional Details:

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

Documents:

Relevant Links:

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Family-Owned Pizzeria: • Established in 2019, this restaurant is family-owned and operated. • Specializes in specialty pizzas, located in fast growing Baldwin County. Resilience Amid Challenges: • Successfully navigated challenges such as opening just before the onset of the COVID-19 pandemic, weathering Hurricane Sally in 2020, and overcoming an employee shortage. • Despite adversities, the restaurant not only survived but also thrived. Strong Community Bonds: • Fostered a robust relationship with the local community. • Boasts a loyal customer base with numerous repeat customers, catering to both locals and visitors during the busy season. Commitment to Quality: • Takes pride in using high-quality ingredients. • Recognized for serving the best specialty pizza in the area. Consistent Growth: • Each year revenue has outperformed the previous one, showcasing steady growth. • Anticipates a further increase in customers and sales in the upcoming year. Business Readiness: • Currently turn-key and ready for a new buyer to take over. • Experiences very rare employee turnover, with most staff having been employed for 2-5 years. Growth Opportunities: • Potential to expand business operations by opening seven days a week and extending operating hours. • Presents an attractive opportunity for a new owner to build.

Cash Flow $124,420
Revenue $556,462

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