MergerPlace

The Most Perfect Bakery on the Bay

Maryland


  • Asking Price: $295,000
  • Gross Income: $400,000
  • Cash Flow: $80,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $60,000
  • Listing ID: #209499
  • Established: 2005
  • Employees: 12

Business Description

Perfectly situated within a charming Chesapeake town on the bay, this 13-year-old, turn-key Bakery/Coffee/Sandwich/specialty &wedding cake/ and Catering Shop is thriving with its solid brand name and reputation, which keeps customers coming back for more. This opportunity would not only be ideal for a family run business, but it would also be a great 2nd location for an existing Bakery & Coffee business. Or did you ever consider retiring near the water with an easily managed shop to keep busy with? This 1478 sq/ft gem hosts many optimal perks. Its location could not be any better, it is loved and supported by the town and its people, there is zero competition for many of its offerings, there are year-round town scheduled events and activities that draw crowds downtown, lots of free public parking, and there are many ways to expand this business. This shop has indoor seating for 18, and outdoor seating for 24, great selection of breakfast and lunch sandwiches plus all the sweet delectable treats. Online reviews are great, Google (4.4), Yelp (4), Facebook (4.6), Trip Advisor (4), The Knot (5). This shop is grossing $400,000, netting $80,000 and the asking price is $295,000, including FF&E ($60,000 +) and inventory. The owners will consider financing a portion for a well-qualified, suitable buyer. Reason for selling is due to family obligations. This is an incredible opportunity as you will soon see. Contact us today for more details.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Maryland

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $295,000
Gross Revenue: $400,000
Cash Flow: $80,000
FF&E: $60,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

several very good ways

Competition:

none around

Reason for selling:

Family obligations

Contact Business Seller

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Business Listed By:

Tracy Riley

Biz Buy Brokerage