MergerPlace

Charming Setting: Bakery and Cafe

Virginia


  • Asking Price: $75,000
  • Gross Income: $120,075
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $60,000
  • Listing ID: #203264
  • Established: 2012
  • Employees: 2 FT/6 PT

Business Description

Delicious Treats in a Charming Setting: Bakery and Specialty Chocolate Café For Sale (including Seller Financing). Picture walking down an inviting street with specialty shops and nice eateries, when you happen upon a quaint dessert café. You enter through the door to find a cozy, inviting, and bright atmosphere with comfortable seating and local artwork displayed on the walls. You glance at a wonderfully rich and full menu featuring cookies, sweet and savory snacks or artisan baked goods. Within minutes you are relaxing with a delicious glass of wine (or premium coffee mug) in your hand along with a mouth-watering, delectable treat on your plate. Now open your eyes … you could own this business!

This charming bakery and specialty chocolate café has an excellent tasteful menu which ranges from cookies, brownies and chocolate bars to light fare items (salads, quiche, crepes, and sandwiches) to ice creams and premium beverages. The staff is professional, trained and customer oriented and the atmosphere is charming and warm. The location is superb … located on one of the premier shopping and eatery corridors in this lovely Hampton Roads community that draws from a wide, diverse and populous geography. An all-new website has just been launched which will further broaden the size of the market, and features orderable gift baskets and gift certificates. Seller Financing Available: $40,000 Down with 7% Interest for 24 months.

Customer demographics include all age ranges – from students to professionals to retirees to tourists – and all nationalities. The macro economic environment around this business is solid and robust … with lots of new investment and growth prospects planned or underway.


Business Details

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

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT/6 PT

Financial Information

Asking Price: $75,000
Gross Revenue: $120,075
FF&E: $60,000
Seller Financing Available: Yes

Property Information

Facilities:

This operation is situated in bustling Hampton Roads, Virginia on a popular corridor with close access to shopping centers, schools, sports facilities, as well as Interstate 64 and other high traffic routes. The business site has vehicle and foot traffic and includes plenty of convenient parking space – both on street parking and a shared but large and dedicated rear parking lot. The shopping center is fully subscribed with well-known, successful local tenants. The leased space features 1,800 square foot of operating space and includes a dessert display case, plenty of tables and chairs and a cashier station. An assumable lease is in place at $1,900/month and renewal options are available.

Growth & expansion opportunities:

This business is ripe for growth. The owner has decided to pursue other interests and can no longer devote the time and resources necessary to operate this business. The employee team is already in place -- professional, dedicated, and willing to stay under new ownership/leadership. The business location is superb – high traffic, excellent visibility and accessibility, with convenient parking. The market is large, populous, and growing. The custom offering is exclusive, specialty, and has little direct competition. A mobile service option presents a new growth avenue. The only missing link is a dedicated owner – and this business is perfectly suited for an operator-owner.

Competition:

The Hampton Roads community features a robust, growing and vital market place as it draws from several adjacent communities, namely: Hampton, Yorktown, Toano, Norge, and Williamsburg. Since this business caters to specialized bakery and custom chocolate fare, the density of this type of competition is low, which results in a large geographic customer draw pattern.

Reason for selling:

Owner wants to pursue other business interests.

Support & Training:

Will train for 4 weeks @ no cost. All applicable licenses are in place to support the business. Services include: Dessert and Light Fare Menu Items in shop; Cookies, Gift Baskets, and Gift Certificates on the web-site.

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Business Listed By:

Hal Feder

Murphy Business Brokers