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Well Established Bakery In New York For Sale

New York
Asking Price:
$925,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,100,000 (USD)
Cash Flow:
$225,000 (USD)

Well established bakery for sale, located on the North Shore of Suffolk County. With a reputation for quality goods and customer service, this bakery is well organized with a clear path for growth and diversification in the future for the right new owner. This place bakes breads, cakes, pastries, custom cakes and much more. This is not your average bakery, They do 80% of their business in the retail store and the remaining 20% with wholesale. The rent is reasonable, and optionally the building is available for this profitable bakery. The bakery has had the same owner for close to 40 years. The bakery has all the bells and whistles with production equipment, walk-in in refrigerators and freezers, POS system, delivery vehicles and much more. A motivated buyer can expand by opening more hours, opening on Mondays, expanding the wholesale business to the entire east end of Long Island. This bakery is a great opportunity for an experienced baker with a passion for baking and with an entrepreneurial spirit to own their dream bake shop. This could also be a fit for an existing bakery looking to expand or grow. The seller is looking to retire and have more time off, but is willing to stay temporarily to insure a smooth transition.

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Financing available:

300,000.00 down & $625,000 at 6.75% over 120 months

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD)

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