Established Successful Bakery and Cafe
Location: Massachusetts > Plymouth County
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $299,000
Gross Revenue: $625,000
Cash Flow: $130,000
Inventory: $8,000 (Included in Asking Price)
Business Summary
This is a family run business in the same location for 66 years! Well established local clientele plus high volume tourist sales. Coffee/tea/espresso comprises 20% of revenue, baked goods/pastries 50%, sandwiches/salads 15%, pizza 5%, and other 10%. Current owner has run the business for 2 years and has increased revenue 60% by adding pizza, new bread, gelato and coffee lines as well as catering plus improved product lines. Potential to increase sales by adding hours, beer and wine license for evening pizza sales. Catering is new service and can be grown. Indoor seating for 12, beautiful outdoor patio holds additional 12 seats. Easy local parking. Hours: 5AM-9PM M-Sat, 6AM-9PM Sun.
About the Business
Year Established: 1942
Employees: 5 full time - 20 part time
Facilities: 2000 sf on main street in center of town
Market Outlook and Competition: Dunkin’ Donuts ¼ mile away, small café 2 blocks away Growth and Expansion: Increase pizza making hours, beer, wine, and catering services
About the Sale
Management Training and Support: Owner will train/support for 1mo. Up to 100 hours
Reason For Selling: Owner has taken a new career position in another town
Attached Files - Attachment Disclaimer
Confidentiality Agreement - Pelase complete and return both pages to 781.682.6217. Thank you!46 KDownload

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Listing Tools
BizQuest ID:908682
Seller ID:1102
Business Listed By
Name:Paul Corrigan
Company:ROI Corporation
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