Profitable Delicacy Pastry Bakery Cafe & Kosher Restaurant

Montgomery County, MD

Seller Financing Available
Profitable Delicacy Pastry Bakery Cafe & Kosher Restaurant
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Asking Price: $450,000

Cash Flow: $220,000

Gross Revenue: $800,000

EBITDA: N/A

FF&E: $195,000

Inventory: $12,000

Rent: $8,000 /Month

Established: 1994

Profitable Delicacy Pastry Bakery Cafe & Kosher Restaurant

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Business Description

HUGE PROFITS!!!

Well established bakery brand with high-end clientele, specializing in pastries, cakes, and wedding cakes / parties. Limited product offering, experienced, well-trained staff, outstanding reputation, and great potential for growth in all areas with Kosher Restaurant and simple menu one of the owner is baker and have all bakery equipment which recently updated all restaurant equipment & air conditioning replaced with in last 2 years, These owners moved from 12 years old business to this location for the last 13 years and build this place from ground up to this beautiful Bakery and Kosher restaurant and spend $500,000 to build it.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,300
Lease Expiration:
3/4/2022
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully equipped, well maintained kitchen; Lease expires in 2022. All refrigerators & Air conditioning equipment are less than 2 years old, It has 60 seats but licensed up to 85 seats, They hold local party's like birthday, Wedding, bar mitzvah Etc.
Competition:
Very little competition in this area, this is the only bakery and Kosher place with in 5 miles radius
Growth & Expansion:
Unlimited expansion possibilities - secondary retail locations, increase wedding business with more decorators/delivery and wholesale Bakery. Incredible opportunity for someone to own a wonderful family owned and operated desserts eatery and bakery Kosher restaurant. The family owns and have been running the business for over 25 years. In addition to desserts, they serve breakfast and lunch Dinner as well as catering for private occasions including, weddings, graduations bar mitzvah etc The owners will consider financing a portion of the sale for a well-qualified and interested buyer
Financing:
Negotiable
Support & Training:
3 weeks included, up to one year if required
Reason for Selling:
Retiring
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Paul Nowzari

Business Listed By:
Paul Nowzari

BBDC

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Sponsoring Broker:
Toby Barker

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