MergerPlace

Great Potential Bakeshop/Restaurant

New Jersey (Hunterdon)


  • Asking Price: $199,000
  • Gross Income: $365,000
  • Cash Flow: $143,185
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215764
  • Established: 2012
  • Employees: 7

Business Description

Located in the heart of downtown on a busy roadway. Well-established renowned Artisan Bakery & Coffee. The business has wholesale buyers and it generates 30000 annually in additional revenue. The business has a huge potential for additional growth. Adding features such as more vegetable dishes, sugar-free items, extended hours of operation and home delivery as well as internet orders, Uber eats. Contact the listing agent.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Hunterdon

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $199,000
Gross Revenue: $365,000
Cash Flow: $143,185
Seller Financing Available: No

Property Information

Facilities:

40 seats, modern bakeshop/restaurant, located in the downtown area, street parking. The lease will end in 3 years and 9 months. Landlord agrees to a new lease with the same amount of rent ($3800 a month increase $100 per year)

Growth & expansion opportunities:

Can be increased greatly by adding veggie and sugar free menu, by advertisement, by opening longer hours for dinner and by doing more catering.

Competition:

No other bakery has the same name recognition in local area

Reason for selling:

Wants to move out

Support & Training:

Seller will train new owner for 2 weeks

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

John Ao

Executive Business Brokers