Wholesale Retail Bakery-25612

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Asking Price:
$280,000

Gross Revenue:
$399,400
Cash Flow:
$155,840
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$125,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Profitable Bakery established and owned by same seller for 17 years. This cash business that does both retail and wholesale. 90% retail. Store has Heavy foot traffic passing by all day long. This bakery has all the bells and whistles and is very well equipped also includes full basement, with walk-in boxes both refrigerator and freezer, large updated tube oven, heavy duty mixers & to much to list. Motivated buyer can do more business by advertising, getting more wholesale accounts and open more hours. This equipment would cost over $125,000 to replace new! Seller can stay on long or short term a few days a week for a salary. Seller wants to retire and have more time off. This is a solid money maker. They offer and make fresh a variety of baked goods such as cakes, breads, muffins, cookies, tarts, pies and rolls. Cash is the only form of payment they do not take credit cards. Buyer can add cup cakes as present seller does not make. Seller requires proof of funds. Low overhead great place only 1200ft very well designed. Unlimited parking with great reputation. Friendly atmosphere full staff in place. Go get a home equity loan for this great listing!

About the Business

Location:
Nassau County, New York
Year Established:
1999
Number of Employees:
3
Website:
www.vestedbb.com
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About the Sale

Reason For Selling:
Retiring after 30 years in the bakery business
Training/Support:
The seller will train the new owner.
Seller Financing:
280,000.00 Down & TBD

Listing Info

ID:
1330503
Ad Detail Views:
74

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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