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Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Italian Bakery For Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $525000
Net Profit / Cash Flow  $156164
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1967
Number of Employees  6 - 9
Inventory  $100,000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  2 weeks.
Reason for Sale  Other interests.
Description  This well established bakery does both a strong retail and wholesale business. Located in a shopping center with a major drug store, and a supermarket, without a bakery department. The bakery benefits from heavy foot traffic as well as a loyal customer base. They make all of their own breads, cakes, pastries and cookies. The line goes out the door during the holidays. The kitchen is fully equipped including a high efficient oven which resulted in a very low gas costs and a strong bottom line. The staff includes a bread and pastry person who will stay after the sale. Over 2,700 lbs of flour and 300 lbs of sugar used per week This is an excellent opportunity for any experienced baker. Key Value Points High Traffic shopping center Wholesale as well as retail New High Efficient Oven Experienced Staff Gross Sales: $525,000 Cash Flow: $156,164 Asking Price: $249,000 NOW ONLY: $149,000 down Email or call Bruce Miller at 516-319-2282 for more information on this bakery for sale.
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