Virginia Beach Bakery & Cafe for sale

Va Beach, VA (Virginia Beach City County)

Seller Financing Available
Bakery and Cafe
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Asking Price: Get Financing: $79,000

Cash Flow: $25,000

Gross Revenue: $240,000

EBITDA: N/A

FF&E: $30,000

Inventory: N/A

Lease Rate: $1,500 /Month

Established: 2013

Virginia Beach Bakery & Cafe for sale

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Business Description

Business is surrounded by opportunities to grow. Come try the Bear Claws and Quiche and see the traffic and opportunities to grow this business. Rare Old Style bakery located in the end cap unit very busy shopping center that is located on the corner of two busy intersections.

The shop bakes fresh pastries and fresh breads. The café serves a limited menu from 11am until 2pm and seats 20. The business participates in 3 local Farmer’s Markets which has helped raise awareness and the exposure of their products.

Detailed Information

Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
3 FTE, 6 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,500 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Other Competing Interests
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Charles Broadwater

Business Listed By:
Charles Broadwater

Sunbelt Business Brokers / Broadstone Capital LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.


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