Return to search results

Northern VA Bakery, Pastry Shop & Cafe

VA

Seller Financing Available
Northern VA Bakery, Pastry Shop & Cafe
Contact Seller

Asking Price: $725,000

Cash Flow: N/A

Gross Revenue: $2,041,263

EBITDA: $269,191

FF&E: $120,000

Inventory: $6,000

Rent: $17,756 /Month

Established: 1988

Northern VA Bakery, Pastry Shop & Cafe

Save Print Share Valuation Report

Business Description

SBA Pre-Approved!

Profits up 200% in 2019! This bright and cheerful strip-mall located Pastry Shop and Café, is perfect for a quick bite and is a place where stay at home parents, commuters, and students might be coming and going. Families can enjoy Sunday brunch and order from the Belgian waffle and omelet menu. Or, parents can take a break while children hang out in the "kid's corner" with toys and supplies for artistic endeavors.

At its essence, this 30-year old community-centric business offers pastries, quality coffee, espresso, and cafe products at a competitive price to meet the demand of the middle- to higher-income local market area residents and tourists.

The business owner and his wife are retiring and are offering this business asset sale for $725,000, includes recipes; brand name; social media presence and new website, furniture, fixtures, leasehold improvements; and, 2 vans (one newly purchased delivery van).

• Consistent profitability, loyal customer base
• 16 FT employees plus and experienced General Manager in place
• Experienced, dedicated, high-performing staff in key roles
• Newly negotiated 7-year lease – below market rates
• Rolling out a new, upgraded website (videos, cake pictures) within a few weeks
• Great tasting food, strong local reputation and name recognition
o 26 years in a row “best of designation” in local magazines
o Won numerous local cookoffs
o Extensive press coverage
o Favorable online review ratings
• Convenient location with ample parking
• Catering master agreements in place with 6 event venues

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,800
Lease Expiration:
N/A
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3800 sq-ft, Café comfortably seats 30+ customers, large kitchen fully equipped
Competition:
An already thriving local economy is about to get better. Much better. The location of Amazon HQ2 is less than 5 miles to the shop and will produce significant growth in retail activity in the surrounding community. The pastry shop believes that it will directly benefit from new residents and related businesses driven by Amazon’s presence. Unveiling plans for the first phase of construction of HQ2, Amazon says the campus will support local businesses and will create new public spaces for the area. Amazon expects to spend $2.5 billion dollars on the campus where 25,000 employees will work in the next 10 years. There is not a closely located competitor that offers the breadth of pastries, cakes, and café items that this business offers. Within the same shopping center, there is a single in-store grocery bakery, and one donut shop. The next closest standalone bakery (one mile) specializes in whole grain breads and cookies. Panera is located five miles away but is located on the opposite side of the beltway and thus would not draw the same set of commuting customers.
Growth & Expansion:
Add table service to cafe, add liquor license, increase marketing to capture more corporate catering account. Increase marketing and advertising to capture wedding business.
Support & Training:
Up to one year
Reason for Selling:
Owner and wife are retiring
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Rebecca Dunn

Business Listed By:
Russell Logan

Sugaer, LLC

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1643911 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 of Use before responding to any ad.


Similar Listings


Anchor Bar

Franchise Opportunity
Cash Required: 400000