Return to search results

Successful Bakery/Restaurant/Sandwich Shop, Treasure Coast FL

Stuart, FL (Martin County)

Successful Bakery/Restaurant/Sandwich Shop, Treasure Coast FL
Contact Seller

Asking Price: $985,000

Cash Flow: N/A

Gross Revenue: $2,330,000

EBITDA: N/A

FF&E: $255,000

Inventory: N/A

Established: 1997

Successful Bakery/Restaurant/Sandwich Shop, Treasure Coast FL

Save Print Share Valuation Report

Business Description

Busy retail bakery/wholesale bakery/restaurant/catering chain with multiple locations along Florida’s treasure coast. BUYER CAN PURCHASE MAIN LOCATION, TWO LOCATIONS OR THREE LOCATIONS - terms to be negotiated (listed price is for all three locations)

$2.3M in sales with substantial retail, commercial and catering business locked-in with loyal regular, repeat clients. This business is being fed by four distinct profit centers: Retail restaurant, retail bakery (located in the restaurants), wholesale commercial bakery, outdoor markets and catering. More than strictly a bakery, this chain also enjoys a thriving daytime restaurant business with sandwiches, soups and coffee/beverages and has become a local meeting place for business meetings and friend gatherings. "Cash Flow" is estimated Proforma earnings. Proforma owner earnings under a slightly more efficient owner (in line with normal industry standards) is estimated at over $250,000 annually.

Over 250k worth of high-end bakery and restaurant equipment is included, and premium real estate is available.

Listed cash flow is a conservative proforma profit estimate of what a new baker/owner should make (well in excess of $250k is estimated, with some very minor changes under new ownership). Plus there are a number of clear and identified ways for a new owner/operator to substantially increase that bottom line profit, which can be discussed in due diligence.

Inventory estimates will be determined in due diligence. Equipment list is available, including three vans in good shape and substantial bakery-related equipment worth well over $250k. Commission details pertain to licensed BBF members. Others call.

Detailed Information

Location:
Stuart, FL
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Most of the locations are leased with favorable terms. One prime location in a busy downtown area is owned and can optionally be purchased at a very reasonable $230k. If a buyer prefers, the seller will keep ownership of the owned location and offer very fair lease terms. The main location is used as the commercial wholesale bakery and has substantial equipment. As well as the facilities this business has a long-term locked-in presence at several busy and highly profitable outdoor markets with regular repeat clients. BUYER CAN PURCHASE MAIN LOCATION, TWO LOCATIONS OR THREE LOCATIONS - terms to be negotiated (listed price is for all three locations)
Competition:
Very strongly positioned in its market, with compelling branding and a large audience of loyal clients, both in and out of season.
Growth & Expansion:
There are a clear strategies for a new owner/operator to substantially increase bottom line profits, which can be discussed in due diligence. Owner may assist in implementing these strategies after a sale. If owner was younger and did not have health issues he would be doing these, generating substantially more revenues and not selling.
Support & Training:
Owner to stay on for reasonable period to train, make introductions and assure a smooth transition. A longer term situation is also possible.
Reason for Selling:
Health reasons and retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Jeff Manera

Business Listed By:
Jeff Manera

TC Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1590995 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


Rocket Fizz Soda Pop and Candy Shops

Franchise Opportunity
Cash Required: 150000