Very charming traditional Bakery Bistro with great reputation

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Well Established Traditional Bakery Bistro - Friendly athmosphere
Asking Price:
$99,000

Gross Revenue:
$240,000
Cash Flow:
$50,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$70,000
included in asking price

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Business Description

Very well-established bakery and gourmet food bistro located in Historic and trendy district of Northwood Village. Great reputation among the high end international and local clientele. They also do some catering (very easy to grow).
The Bakery is famous for its french desserts, french baguette, croissants, brioche, and cuban panini.
This family bistro offers its traditional french-canadian cuisine, delicious soups, quiche and excellent wines.
Friendly atmosphere and excellent service.
Qualifies for E2 Visa.

Athmosphere familiale et excellente reputation pour ce commerce bien établi et plein de charme, au coeur du quarter historique de West Palm Beach.
Reputé pour ses delicieux plats traditionnels français et canadiens et des specialités françaises en boulangerie.
Qualifie pour un Visa E2.

About the Business

Year Established:
2011
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,000
Rent:
$1,320.00 Per Month
Lease Expiration:
12/31/2019
Facilities:
open : 9am to 4pm - closed on sundays and mondays
Inside : 4 tables of 4 seats - up to 26 seats and outside 3 tables up to 20 seats
Market Outlook/
Competition:
The food is made with only fresh ingredients for everyone to savor and enjoy. They produce authentic, gourmet French and French-Canadian dishes and baked goods. They also offer gluten-free and vegetarian dishes.
Growth & Expansion:
New apartment buildings and luxury condos are under construction and the area is booming with many new trendy businesses, art galleries, restaurant, retail stores.
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About the Sale

Reason For Selling:
Pre-retirement
Training/Support:
1 months for free and the owner can stay longer for few month for a smooth transition

Listing Info

ID:
1623403
Ad Detail Views:
0

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$
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Business Listed by

Raquel Afriat

VR Business Brokers
License# 3310893

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U.S. Census Data for Palm Beach County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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