Bakery

Bakery

Available

$199,000.00

Listing Number :

 3636

Status :

Expired

Price :

$199000

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Area

2000

Description

This is a bakery established in 2008 specializing in baked goods and artisan bread with all-natural ingredients. The regular items made and sold on site include: Assorted pastries, Jam Filled Sweet Bread, Fresh Baked Breads, Coconut Tarts, Assorted Sweets, Orange Cranberry Scones, Sweet Bread, Corn Bread, Biscuits, Orange Cranberry Scones, Bundt Cakes, French Bread Loaf, Hot Dog Buns, Gluten Free Tarts & Cornflour Cupcakes. They also are known for carrying imported Portuguese and Brazilian goods. list of fixture and equipment are available upon request. 2000 sq.ft. premise leased at only $1,400/m. The current lease is expiring in 2021- possible options for buyer offered during buy-sell agreement, for the last 3 years the average gross sales have been around the $480,000 mark with a net to owner in the $90,000 range.

3636

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established: 2008
Year Purchased: 2008
Business Type: Bakery
License(s) Required: Business, Health
Hours of Operation: 7.00am-6.00pm/5xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3636
Date Available: 2/12/2019
Reason For Sale: Other Interest
Annual Total Revenue: 480000
Annual Net Income: 90000
Inventory: 5000-10000
Monthly Payroll: 9746/m
Lease Information
Base Rent: 1400/m
Lease Expires: 2021
Lease Option:
NNN: Included
 
Financing Information
Down Payment: 199000
Owner Will Carry:
Other Finance Terms:

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