Reduced! Fairfield County Bakery-Absentee Owner

Not Disclosed, CT
Fairfield County


Asking Price: Annual Revenue:
$170,000 $163,238

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Reduced! Fairfield County Bakery-Absentee Owner Broker: Janice Lederman
Owner Financing is Available!

Quick Facts

Asking Price: $170,000
Annual Revenue: $163,238
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 1938
Employees: 4
BBN Listing #: 620162610
Broker Reference #: 31041-459783

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Business Overview:

Major Price Reduction! 70 year old bakery with plenty of repeat business; the business has a loyal customer following. Covid-resistant business. The owner is not a baker and you do not have to be a baker either. This is a community landmark. They specialize in all your favorite, cakes, cookies, pastries, and more. This is a side investment for the current owner. He comes into the bakery on a very part-time basis. He basically comes in to handle some bookkeeping and making deposits, approximately 20 min each week. Can operate 100% without owner. The business is fully staffed and you DO NOT NEED BAKING EXPERIENCE to purchase or operate the business as it is fully staffed with highly skilled employees (2 F/T and 2 P/T). The business is located in a great shopping center with great parking. There are 10 years remaining on the current lease with a rent of $4,266/month. In 2021 the business grossed $163,238 with an owner's cash flow of approx. $75,000.00. The $163,238 sales figures come from the Square POS system only and is not inclusive of all sales. We are seeking a serious and financially qualified buyer with at least $170K in liquid funds. Everything is all set up to plug in and get started. The extensive FF&E and inventory is included in the sale. Please call or text Janice Lederman at Transworld Business Advisors for more details: 203-918-6275

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Reason for Selling:

Retiring

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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