Latin Bakery. Profit is $217K annually

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Latin Bakery. Profit is $217K annually
Asking Price:
$500,000

Gross Revenue:
$934,120
Cash Flow:
$217,179
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$500,000
included in asking price

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Business Description

Popular Profitable Latin Bakery. Profit to owner is $217,000 on $934,000 Sales. Located in Miami Gardens. Has the highest Yelp and Customer Reviews. Is modern, clean and offers exceptional service. In Business for 10 Years. Every product is hand made by our bakers or cooks. From weighing and mixing, cooking and baking, to packaging and displaying; it’s all done with our greatest care and passion. Popular Items include: Pastelito’s, Homemade Cakes, Pasteles, Empanadas, Papa Rellena, Yuca Rellena, Choropan, Churros, Tequenos de Queso, Jumbo Sandwiches. Croquettas, Fresh Bread, Cafe Con Leche, and Much Much More. Operating in a 1,500 square foot retail bakery that has a fully equipped kitchen. Reasonable rent is $4200 monthly. 6 years remaining on the lease.
Good employees that are cross trained. Good books and records to verify owners benefit. This is a solid cash flowing business!

For additional information contact Dave Walis.

Special Features:
Some Seller Financing Available to qualified buyer
Popular Profitable Latin Bakery.
Profit to owner is $217,179 annually (2018)
$934,120 Sales. (2018)
Located in Miami Gardens.
Has the highest Yelp and Customer Reviews.
Is modern, clean and offers exceptional service.
In Business for 10 Years.
Every product is hand made by our bakers or cooks. From weighing and mixing, cooking and baking, to packaging and displaying; it’s all done with our greatest care and passion.
Popular Items include: Pastelito’s, Homemade Cakes, Pasteles, Empanadas, Papa Rellena, Yuca Rellena, Choropan, Churros, Tequenos de Queso, Jumbo Sandwiches. Croquettas, Fresh Bread, Cafe Con Leche, and Much Much More.
Operating in a 1,500 square foot retail bakery
Fully equipped kitchen.
Reasonable rent is $4200 monthly.
6 years remaining on the lease.
Good employees that are cross trained.
Good books and records to verify owners benefit.
This is a solid cash flowing business!

About the Business

Location:
Miami Gardens, Florida
Year Established:
2009
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$4,200.00 Per Month
Lease Expiration:
12/31/2024
Facilities:
Popular Profitable Latin Bakery.
Profit to owner is $217,179 annually (2018)
$934,120 Sales. (2018)
Located in Miami Gardens.
Has the highest Yelp and Customer Reviews.
Is modern, clean and offers exceptional service.
In Business for 10 Years.
Every product is hand made by our bakers or cooks. From weighing and mixing, cooking and baking, to packaging and displaying; it’s all done with our greatest care and passion.
Popular Items include: Pastelito’s, Homemade Cakes, Pasteles, Empanadas, Papa Rellena, Yuca Rellena, Choropan, Churros, Tequenos de Queso, Jumbo Sandwiches. Croquettas, Fresh Bread, Cafe Con Leche, and Much Much More.
Operating in a 1,500 square foot retail bakery
Fully equipped kitchen.
Reasonable rent is $4200 monthly.
6 years remaining on the lease.
Good employees that are cross trained.
Good books and records to verify owners benefit.
This is a solid cash flowing business!
Website:
restaurantsalesgroup.com/listings/popular-profitable-latin-bakery/
Contact the Seller

About the Sale

Reason For Selling:
Other Interest
Training/Support:
Yes
Seller Financing:
$200,000

Listing Info

ID:
1651842
Ad Detail Views:
0

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Business Listed by

Dave Walis

The Restaurant Sales Group

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