Downtown Binghamton Bakery/Cafe

Broome County, NY

Downtown Binghamton Bakery/Cafe
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Asking Price: Get Financing: $149,900

Cash Flow: N/A

Gross Revenue: $474,379

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $1,500 /Month

Established: 2012

Downtown Binghamton Bakery/Cafe

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Business Description

OPPORTUNITY to invest in downtown Binghamton!
This established and successful business is for sale! Offering exceptional bakery items made fresh daily with quality ingredients. Breakfast and lunch offerings include unique recipe menu items that are popular! Professionals in the downtown area frequent the establishment on a regular basis.
Catering services are a good part of the business as well. Well advertised services result in a regular stream of orders.
Downtown Binghamton has successfully transformed in to a bustling area! Downtown offers SUNY student activity, businesses fill the buildings and buildings are in demand!
With 6 employees and hands on owners this business is creating a profit.
There are 3 breweries within a few blocks. There are popular stores and restaurants that attract crowds.
Street traffic daily is constant. Parking in front of the Bakery/Cafe is available for those that are not walking.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
5/1/2019
Employees:
6
Facilities:
Leased building with favorable terms. Furnishings include tables/chairs and decor. All kitchen equipment. List of assets and inventory available.
Competition:
Offering a unique atmosphere and top of the line food products results in a good business that is talked about! When you mention Chroma Cafe, anyone who has tried their product will pipe up with favorable feedback. Good following on social media attracts new and repeat customers.
Growth & Expansion:
The space is adequate enough with room for growth. Add pizza sales as there is an oven available to cook them! LEASE COMES WITH A 3 YR REUP OPTION
Support & Training:
Owner will provide new owner support, training in a hands on manner.
Reason for Selling:
leaving the area
Business Website:
http://chromacafeandbakery.com
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Business Listed By:
Patricia Mulrooney

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