Sweet Deal! Brooklyn Bakery - Sweet & Savory

Brooklyn, NY (Kings County)

Seller Financing Available
Sweet Deal! Brooklyn Bakery - Sweet & Savory
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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $288,197

EBITDA: N/A

FF&E: $70,000

Inventory: $1,500*

Rent: $2,750 /Month

Established: 2011

*not included in asking price.

Sweet Deal! Brooklyn Bakery - Sweet & Savory

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Business Description

This Brooklyn bakery is an amazing opportunity for a home baker or professional pastry chef ready to step out on her/his own. All goods are made from scratch, using only the freshest ingredients, rich in flavor, unique and delicious. Sweet pie favorites include maple pecan, salted chocolate caramel, apple crumb and peanut butter chocolate. Savory pie specialties include vegetarian, the classic chicken pot pie, croque monsieur and breakfast pies. The menu also includes a selection of croissants, muffins, cookies, biscuits, coffee, tea and cold beverages. The facility is a combination retail store with limited café seating (seats 6-8) and commissary capable of supporting their growing wholesale and catering business. Wholesale customers include a major grocery chain, numerous restaurants, cafes and markets in Brooklyn and Manhattan and a food service provider. They also do baking classes.

Strengths: Great reputation for product quality and service. Wholesale contacts with major retailers, food services, caterers and venues in the community. Experienced staff willing to stay on after the sale.

Opportunities: Additional marketing support for catering and wholesale. Add delivery. Affordable young business poised for growth with a new owner.

Hours: Mon-Fri 8am-6:30pm, Sat 8:30am-6:30pm, Sun 8:30am-5:30pm.

Lease: Approximately 800 sf on ground floor plus storage basement that could be used as a kitchen. Rent is $2,750/month. 3.5 years remain on the five-year but landlord is expect to assign and extend.

The Transaction: The deal structure will be an asset sale. Owner will train for two weeks at no charge. Asking price is $150,000. Up to $50,000 in Seller Financing is available to qualified buyers.

Detailed Information

Location:
Brooklyn, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
50000.00
Support & Training:
2 weeks
Reason for Selling:
career change
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Bob Dunphy

Business Listed By:
Bob Dunphy

Transworld Business Advisors of NY

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Sponsoring Broker:
Transworld Business Advisors

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