50 PLUS years young! Family owned and operated Bakery

Delaware County, PA

YUMMY!!
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Asking Price: $595,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,000 /Month

Established: 1966

50 PLUS years young! Family owned and operated Bakery

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Business Description

Be Your Own Boss!!

This Well Established and profitable specialty niche retail business, located in Delaware County, Pennsylvania has come on the market. A 50 year-young Landmark Bakery, located at the same Great Location since 1986. This is truly a turnkey operation, with a seasoned staff in place. For a qualified buyer, this business may be approved for an SBA (Small Business Administration) loan. A new owner would have to invest approximately $120,000 as a down payment, and based on current interest rates and historical data, would make that back in the first year after making the loan payments. Plus the Location is Fabulous! Loads of OFF Street parking! This is a Terrific Money-Make for an Individual Owner, Partners or a whole Family Operation! (Cash on cash return of almost 21%!) The business is valued using a 2.75 multiple of SDI. This is a Once-in-a-Lifetime Opportunity to own a Successful Well-Known Established Bakery. This is a great buying Opportunity. Whether a First-time Buyer, Veteran Operator, or Anyone in between! This is an absolute MUST SEE Money-Making Financial “Gold Mine.”
Here are a few Highlights:
• Established Business for over 50 years (same location since 1986)
• Steady Sales for the past 5 years
• Plenty of ON Site Parking
• Grosses 1 MM++ annually---over $22,000 a week!
• Excellent Reputation in the Area
• Generations of Loyal Repeat Customers
• Business has had ONLY TWO Owners in over 50 plus Years!

Serious Inquires ONLY!! You MUST have the Financial and Business Ability to Own and Operate this business!! An NDA is required and a Buyers Financial Statement may be requested to obtain financials and other details.

Detailed Information

Real Estate:
Leased
Building SF:
5,650
Lease Expiration:
N/A
Facilities:
Leased at $6,000 per month (NNN), or purchase the bricks for $819,000 and earn the monthly rental income yourself, plus an additional $24,000 from the 2 rental apartments that are upstairs. That's $96,000 gross yearly rental income in addition to the large profits from the business. After executing an NDA, and with qualifying buyers financials, I can send a link to our Offering Memorandum to take a look around see some excellent photos of the facility.
Growth & Expansion:
New owner can market to local restaurants, etc. to generate Wholesale/Contract business, or open on Mondays to increase revenue.
Support & Training:
Owner is planning to support a seamless transition to the new owner making sure that whoever buys the business has all of the tools and knowledge to be successful.
Reason for Selling:
Owner wants to partially retire and relocate to Florida
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(from currently available funds)
 
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Raymond Lind

Business Listed By:
Raymond Lind

Keller Williams Restaurant Group

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