3403-10550 Reduced Price! Retail Bakery Good Cash Flow w/ Property

Undisclosed Address, New Jersey
Business Opportunity for Sale
Catylist Listing ID: 29722028
Property Subtypes: Food and Beverage
Building Size (RSF): 8,000 SF
Sale Price: $400,000
Year Business Established: 1987
Gross Revenue: $507,531 (Annual)
Cash Flow: $22,953 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

The bakery has been in business for over 28 years! It's very well known and delivers superior products to commercial and retail customers. The business is very profitable and a lot more room for growth. Approx 8000 sq. ft. commercial property with store front and adjacent residential property are included in the SALE PRICE of only $400,000. You can run a successful business and collect on 4 or more rental incomes if you choose. A buyer will enjoy the benefits of this cash business. A must see!!

Additional Details

Industry Segment: Other Food and Beverage
Reason for Selling: Retiring.
Value of Inventory Included ($): $3,000
Value of Furniture, Fixtures, and Equipment ($): $60,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $550,000
Real Estate Lease Description: It's a free-standing commercial bakery with a store front located on a corner street. The new owner can collect 4 + rental incomes from this property.
Employee/Labor Description: 6 FT/7 PT. Mon-Fri 6am-5pm; Sat 6am-4pm; Sun 7am-1pm.
Mgmt/Training Support Description: Will train for 3 weeks @ no cost. General.
Competition/Market Description: None in immediate area for retail business. The commercial accounts are mostly in Mercer County but can go anywhere.
Growth/Expansion Opportunities: New owner can take this already successful bakery and build it up or rent all of it out and collect rental income from it.
Seller Financing Description: None.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 786 20,823
Median Age: 42.75 39.37
Households: 280 7,291
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