6 Day a Week Profitable Modern Turn Key Bakery

Fort Worth, TX (Tarrant County)

6 Day a Week Profitable Modern Turn Key Bakery
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Asking Price: Get Financing: $60,000

Cash Flow: $19,911

Gross Revenue: $260,098

EBITDA: N/A

FF&E: $60,000

Inventory: $2,000

Lease Rate: N/A /SF

Established: 2005

6 Day a Week Profitable Modern Turn Key Bakery

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Business Description

Well-established bakery & cafe placed in a prime location for this business industry is available for acquisition. This business was originally established a decade ago in 2005 and was later acquired by the current owner of the business in 2017. Competition can be expected for this type of business industry, but this is the longest standing bakery within the area and is well-known by the community as a popular breakfast destination for the last decade. Most of the customers are working professionals from the surrounding retail strip centers and stand-alone offices as well as elderly individuals from the densely populated residential neighborhoods. Net sales average was $275,000/year that has steadily been increasing in the last year of operation as customers are realizing the competitor's food products are sub-par compared to this business and word of mouth spreads. While proactive marketing on social media and third party delivery services are currently utilized, other forms of proactive marketing needs to be used to reach out to untapped customers within various neighborhoods and apartment complexes. There are many ways to proactively market this business such as direct mailing, direct delivery service, senior discounts, student discounts, catering services to school campus and hiring additional staff for increase in customers after marketing. Hiring additional wait staff will improve the flow of the operation once proactive marketing is in place and will help facilitate on improving customer relations. Various menu items are provided at this business that can range from soups, salads, breakfast entrees, casseroles, Paninis, wraps, sandwiches, noodles, pasta, house specialties and desserts. This business has everything in place for a potential buyer to be proactively marketing while being fully involved in the day-to-day business operations.

Listing ID #000535
For more info, please call Emilio Marin at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2FT/2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 2,005 SF retail strip center surrounded by densely populated residential neighborhoods and many retail businesses that bring traffic to the area. All equipment is in impeccable condition and in working order.
Competition:
Few indirect competitors are within the immediate market area, but most competitors are corporate chains that serve sub-par products compared to fresh goods baked on a daily basis.
Growth & Expansion:
Some marketing is already in place, but other proactive marketing methods needs to expand on to generate more revenue and customer acquisition.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Other Opportunities/Personal Reasons
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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