Highly Profitable Bakery & Bake Shop doing $22k to $24k a week in NJ

Asking Price$1,199,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,250,000

Inventory$80,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Highly Profitable Bakery & Bake Shop doing $22k to $24k a week in NJ


Asking Price$1,199,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,250,000

Inventory$80,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Prime location profitable bakery & bakeshop has just come in the market within Middlesex County, NJ. Current seller has been in the business for past 35 years serving range of specialties thus offering variety of large made to order customs cakes and designed wedding cakes that include: (buttercream cake,fondant cake,buttercream cakes,cream cheese cake, buttercream cake,ganache cake,barely frosted semi-naked cake, whipped cream cake,royal icing cake, chocolate fudge cake,marzipan cake frosting) and more,they specialize in bakery breads rolls, artisan breads,hard rolls, salt sticks, onion rolls and sweets that include baked cupcakes, cheesecakes, cookies and pies. All the baking is done on-site at the location with specialized bakers, bread maker and pastry chef. This location cater to events and parties including business lunches,hospital meetings, school functions & retirement parties. This is a highly profitable business doing more than $1.2 million a year,i,e $22k to $24k a week with net cashflow of $500K. This is a high margin business with wedding cakes priced upto $3000.00 each. Current owner is planning to retire and willing to sell. A great location that can be managed as semi-absentee and absentee run business by an experienced bakery professional.Long term lease is available for a qualified buyer with experience in the business. PLEASE NOTE: In order to show the location, potential buyers will sign NDA with Photo ID and valid P.O.F. No co-brokering. Do not miss this great opportunity!!
Please call to discuss ........................(732) 896-1037
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.
About the Business
Years in Operation
30
Employees
7 (4 Full-time, 3 Part-time)
Facilities & Assets
Assets include fully equipped kitchen with oven, freezer, hood, grill, all furnitures & fixtures, pos system.
Website
https://www.bizbuysell.com/brokers/Listings/
Market Outlook / Competition
No major competition, also they have corporate accounts for hotel supply.
Opportunities for Growth
Great growth potential, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
About the Sale
Seller Motivation
Retiring after 40 years in business
Transition Support
Seller will provide complete training and support to the qualified buyer
Listing Info
ID
2443604
Listing Views
64

Contact Seller

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Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2443604 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. See our full Terms of Use. Learn how to avoid scams.


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