$608,000 in annual profit from $3.400,000 in Sales for this long established bakery and cafe. The Real Estate is included or a new lease would be prepared for buyers who wish to only purchase the business (see listing #2748). Owners may consider separating the Business sale from the Real Estate and therefore a new lease would be negotiable. Asking price for the Business sale is $1.6million - asking price for the Real Estate is a further $2.4million making $4million in total. This opportunity is pre-approved for a long term SBA Loan and is available to well qualified buyers for the business (10 years) or together with the real estate (20+ years). This opportunity would suit experienced business owners, professional bakers and entrepreneurs with excellent financials, good credit along with management knowledge and experience working in a high volume Bakery and Catering operation. Long Established name and business, Eddie's is an extraordinarily busy Bakery which includes a Cafe, Coffee shop, Wholesale accounts & Catering with annual sales of $3.4 million producing $608,000 profit. The business occupies a 5,100 sq ft free standing building with a 600 sq ft patio and included with the sale are 2 delivery vans (1 Refrigerated). The modern appeal and sweeping curved counter operation stands alone as a premier high volume bakery business. 2,600 sq ft of front of house with 2,500 of kitchen space with separate preparation areas, ovens, stoves, walk-in and ample refrigeration and storage space. The modern 'L' shaped Cafe is an example of excellent design which is both appealing and efficient. Glass counters display the many baked products and breads for sale with an end cap coffee shop while the comfortable cafe seating allows for lunchtime soups, salads and sandwiches. The 30 seater patio and private dining room add the final touch to this busy bakery/cafe business. To receive full details of this opportunity please complete the 'Confidential Agreement' request at the top of this page and we'll send you the list of equipment included, full financial disclosure & SBA loan request information. We will also send you the agent's contact information so you can discuss this tremendous opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established1939
  • Current Owner2007
  • Employees25 Full time 15 Part time
  • Reason For SaleOther Interests

Facilities

  • Seating130
  • Square Feet5100 + 600 Patio
  • Parking100+
  • LicensesHealth & Business
  • Open Hours6.00am - 6.00pm Mon - Sat, Sun 7.00am - 3.00pm

Lease

  • RentReal Estate Included
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositReal Estate Included

Financials

  • Monthly Revenue286000
  • Monthly Cash Flow50000
  • Annual Revenue3434000
  • Annual Cash Flow608000
  • Payroll$74360

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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