Virginia Beach Bakery & Cafe for sale

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Asking Price:
$79,000

Gross Revenue:
$240,000
Cash Flow:
$25,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$30,000
included in asking price

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Business Description

Business is surrounded by opportunities to grow. Come try the Bear Claws and Quiche and see the traffic and opportunities to grow this business. Rare Old Style bakery located in the end cap unit very busy shopping center that is located on the corner of two busy intersections. The shop bakes fresh pastries and fresh breads.

The café serves a limited menu from 11am until 2pm and seats 20. A very cooperative landlord will allow the new owner to expand the seating by providing an outside seating area. The business participates in 3 local Farmer’s Markets which has helped raise awareness and the exposure of their products.

About the Business

Year Established:
2013
Number of Employees:
3 FTE, 6 PTE
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Amount/Mo.:
$1,500.00
Facilities:
1,500 sq. ft. leased space
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About the Sale

Reason For Selling:
Other Competing Interests
Training/Support:
Seller will negotiate a transition period
Seller Financing:
Seller will consider some financing for a qualified buyer

Listing Info

ID:
1435621
Ad Detail Views:
140

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Business Listed by

Charles Broadwater

Sunbelt Business Brokers / Broadstone Capital LLC.

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U.S. Census Data for VA Beach, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for VA Beach, VA
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Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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