Profitable Bakery For Sale - JUST REDUCED!!
Location: New York > Queens County
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $250,000
Gross Revenue: $420,000
Cash Flow: $152,320
Inventory: $25,000 (Included in Asking Price)
FF&E: $200,000 (Included in Asking Price)
Seller Financing: Negotiable
Business Summary
The new owner can go home with $152,320 a year!

This is a turn-key operation, which means that anyone who is business minded can run this operaton. No baking skills necessary. Current owner simply manages. The cook and staff are experienced and in place. This operation is also ideal for an absentee-owner scenario because the current owner does that now whenever he has to travel. The staff he has is trustworthy and skilled.

All baking is done on premises daily. New owner has to learn the day-to-day operation and business will continue.

This high foot traffic bakery offers the new owner a prime location in a busy area, loyal customer base, state-of-the-art inventory and bakery equipment.

Established in 1964, the families and people of the area know this bakery by heart! Lines are out the door during the holidays! Offering a variety of omelettes, saleds, wraps, panini, soups, espresso, cappuccino, coffee & teas, beverages, homemade gelato & ices, desserts, cakes and homemade ice cream cakes! This establishment serves breakfast & lunch all day with delivery service, and is open 7 days a week.

Seller has well trained cooks & staff in place to bake all goods. Seller is aware that there are a lot of non-bakers interested in this opportunity but are apprehensive because they feel they need to be an experienced baker to oeprate this business and make this income. Not True! As a matter of fact, seller is willing to put his money where his mouth is: Seller will offer this business to non-bakers interested for less that $250,000. (Remember, annual net is $152,000. That's less than a 2 year ROI). This bakery has been featured on New York Television News.

Due to the value in asking price, equipment, net income and mild skills required to run this operation - this won't last! Act now by calling George Varghese of First Choice Business Brokers for a conversation @ 914-358-3550!
About the Business
Year Established: 1964
Employees: 5 full time -
Facilities: 1,700 square foot facility with state-of-the-art equipment
Market Outlook and Competition: Well known and established bakery with loyal customer base. Owner has a lot of equity in the market. They have the market niche.
About the Sale
Management Training and Support: Negotiable
Reason For Selling: Other Interests

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Listing Tools
BizQuest ID:917121
Seller ID:10128
Business Listed By
Name:Tony Leone
Company:First Choice Business Brokers
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.