Bakery/Cafe

North Beach, MD (Calvert County)

Seller Financing Available
Bakery/Cafe

Asking Price:$320,000

Cash Flow:$155,659

Gross Revenue:$400,000

EBITDA:$197,193

FF&E:$68,808

Inventory:N/A

Rate/Sq. Ft.:$1.71

Established:2005

Bakery/Cafe

Get Financing Save Print Share Valuation Report

Business Description

Thriving Local Business

This bakery/cafe is a landmark business on the western shore of the Chesapeake Bay. Bay views from the inside seating area and the outside cafe seating. Constant foot traffic in front of the shop which is located next to the town post office. This excellent corner location is on a state roadway and only 1 block from the Chesapeake Bay and public beach. Public parking lot located on opposite corner. All the tools for success are already in place! Turn-key ready!

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
1,478
Lease Expiration:
9/30/2017
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All kitchen equipment, tools, utensils, refrigeration equipment, furnishings, seating, tables. Almost all equipment was purchased within the past 4 years. Also includes a private office space and wedding cake tasting room above the bake shop.
Competition:
The only bakery in northern Calvert County that produces daily baked goods, sandwiches, wraps, coffee drinks, custom event cakes, wedding cakes and more. Easily accessible, highly visible location. Strongly supported by the local residents and government. Located between 2 wedding venues to support the wedding cake business as well as a new beach front wedding location provided by the town. Significant pedestrian beach traffic from April through August.
Growth & Expansion:
Catering opportunities. Weekly town sponsored events to bring prospective customers to the location. Shop expansion opportunities.
Financing:
Up to 1/3 of selling price
Support & Training:
Transition assistance available for operations and management/administration from. We want the business to continue to be successful and want the prospective buyers to be prepared to operate this local cornerstone.
Reason for Selling:
Family obligations
Business Website:
http://www.sweetsuesbakeshop.com

Listing Statistics for Premium Members

Business Location



Ad#:1305955 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Megan DiIorio

Find out more...

Get more details about this business.


Similar Listings


Checkers Drive-In

Franchise Opportunity In MD
Capital Required: $165,796