Iconic Traditional Latin American Bakery

South Miami, FL
Miami Dade County

Shopping Plaza


Asking Price: Annual Revenue:
$450,000 $675,003

Food & Beverage: Catering, Food Preparation


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RE: Iconic Traditional Latin American Bakery Broker: Raquel Afriat
License #: 3310893

Quick Facts

Asking Price: $450,000
Annual Revenue: $675,003
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $218,640
Real Estate: Not Disclosed
Year Established: 1968
Employees: 10
BBN Listing #: 506055239
Broker Reference #: 2043855

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Business Overview:

This Bakery is in the books! It has been operating in the South Florida area since 1968 and has became a hotspot for traditional Latin pastries and custard cakes. Everybody in Miami has heard of this bakery as it is renown for the quality and traditional Latin products they offer. They have built trust and consideration with their customers that constantly return.

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Property Features and Assets:

Located in a prosperous shopping plaza close to the road with great visibility and lots of foot traffic. They have 10 well-trained, long-term employees. Landlord is willing to extend lease for a long time with good conditions and terms. Video cameras in place. Soon to be accepting food stamps again which will additional income.

Market Competition and Expansion:

Latin bakeries are very prosperous in the South Florida area as there is a wide range of Latin Americans communities close by. They have their own registered trademark as well as they have successfully acquired loyal customers throughout the years. Ideal buyer would be someone that already owns a similarly company and they want to expand or has experience in bakery and can enhance the brand and take it to the next level. Social media and other marketing procedures are not yet in place but could be a great way to further improve this business.

Reason for Selling:

Retirement

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 a franchise resale opportunity.

Documents:

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