Albany Famous Restaurant - Bakery - Retail -

Albany, NY

Asking Price: Annual Revenue:
$3,900,000 $4,600,000

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Albany Famous Restaurant - Bakery - Retail - Broker: Seller of Business

Quick Facts

Asking Price: $3,900,000
Annual Revenue: $4,600,000
Net Profit: Not Disclosed
Cash Flow: $1,200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 739835273
Broker Reference #: 11969

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Business Overview:

Famous Restaurant , Bakery , Retail & production facility grossing over $4.6M with a net of $1.2M is now on the market. This multi faceted operation / property acquisition is perfect for a manufacturer of confectionery products who is looking to take their business to another level or somebody in the business who would like to add this to their portfolio of assets. This type of business is perfect for a distribution company or somebody in retail with multi units that is the end user of bakery products.
The Real estate is a huge component to this transaction that is not included in the asking price. The real estate is an additional $2M which makes this transaction caveat and the deal sweetener for an SBA Bank with only 20% down. EX: $5.9M total acquisition with 20% down = $1.18M down. Make your investment back in only 1 Year. This is truly a golden goose for any operator in this sector or someone who wants to get into the Retail-Wholesale Production line.
Property information : Production facility 2800 sq ft , Bakery 2300 sq ft , Restaurant 6000 sq ft.

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Reason for Selling:

Other business interests.

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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