Profitable Bakery for Sale with 3 Stores in Manhattan & Queens

NY

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Asking Price:$795,000

Cash Flow:$250,000

Gross Revenue:$1,200,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Profitable Bakery for Sale with 3 Stores in Manhattan & Queens

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Business Description

This Kosher/non-Kosher fusion European bakery established 40-years has three retail outlets located in New York City (2 Manhattan and 1 Queens) along with a central baking and distribution facility. The two Manhattan café/bakery locations serve coffee, baked goods, and sandwiches.

This is a great opportunity to expand with the main baking facility in Queens that has ample capacity to bake and distribute to multiple retail and wholesale outlets. The Manhattan stores are located on the Upper East Side and Midtown East in high traffic areas. The Queens location is the central baking facility with retail store in a busy area. All three locations have below market leases and the owner will work with the new buyer to transfer and assign these leases. The owner is retiring after being in business for 40-years.

The business currently does private label packaging and distribution of variety of wholesale products. As such, the business is well positioned for growth with production and wider wholesale and retail distribution.

The Queens Baking facility has all the bells and whistles and is fully equipped with walk-in boxes both refrigerators and freezers, large ovens, heavy duty mixers, and refrigerated distribution vans.

This is a perfect opportunity to acquire a business established 40-years that’s poised for great growth and profitability.

This deal will not last!
Contact Dave Nagar for information 917-929-6194. www.ceobrokers.com

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Dave Nagar

Business Listed By:
Dave Nagar

CEO Business Brokers Inc.

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