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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Bakery Cafe & Property
(Food & Beverage , Bakery )
Essex County , NJ
Listing ID: BKRY133

Listing DetailsGross Revenue: $ 400,000
Cash Flow: $ 75,000
FFE: $ 125,000 (Included in Price)
Inventory: $ 1,500 (Included in Price)
Reason for Sale:

The owner is retiring after many years of success in this food service industry.


Training & Support:

 

The owner seller will remain post-closing to supply an appropriate training transitional period.

 


OperationsYear Established: 1967
Days & Hours of Operation: Mon.-Sun. 6am-6pm
Non-owner Payroll: $ 5,000
Employees: 6
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 5000
Facilities:

This attractive facility consists of two floors, 5,000 square feet in a commercial building on an active avenue. The facility has a private entrance, seating and a bright attractive image. The bakery has a professional kitchen on two floors that are connected by stairs. This high-volume Bakery Café is in Northern NJ in an affluent area of Essex County on an active commercial avenue with a large volume of successful businesses


SummaryBusiness Description:

 

Fifty-year-old Bakery Café located in wonderful area of Northern, New Jersey and in an affluent city of Essex County. The facility has been recently fully upgraded with a new state of the art appearance consisting of two floors with an attractive image. The owners who are have elected to retire after many years of success. This Bakery has provided delicious cakes, pastries and breads to residents of New Jersey since 1967. They invite you to visit this stunning business and see for yourself the dedication to quality and service that has made them famous. Whether you are looking for an elaborately decorated, one of a kind wedding cake, special holiday treat or creative child's birthday cake, this retail Bakery has been satisfying customers in the same location for more than four decades! They are a full-service bakery with a daily selection of over 100 freshly baked items and a self-serve café beverage center offering delicious fresh ground coffee & a variety of teas. Additionally, they offer cappuccino, espresso and lattes and a selection of natural European jams & jellies. This is a most unusual opportunity representing a wonderful business and a dependable income. Based on the asking price, required down payment and net income this business should supply a consistent return on investment to the owner operator prior to debt service.

 


Competition:

 

This very successful bakery has no competitors in the general area, no new competitors are expected, and the seller has agreed to supply a long term non-compete agreement to the new operator.

 


Potential Growth:

            The business can be further developed with increased hours, improving the marketing system and by instituting a wholesale division resulting in an increase to the gross income.


Financing/Terms:

Is available to a qualified buyer with an appropriate down payment.