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- RE: Iconic Traditional Latin American Bakery
- Contact: 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 |
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.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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