Bakery & Coffee Shop in Philadelphia
Price
$299,000
Location
PA
Industry
Food and Restaurants
Listing ID
02152021
Beautiful French bakery inspired specifically by Parisian decor and ambiance located in one of the busiest areas in Philadelphia! Enjoy hand-made puff pastries, made-to-order crepes, delightful quiches, and even freshly baked croissants. Their staples also include grab-and-go sandwiches, cold brew on tap and signature lattes. The bakery/coffee shop is located in a welcoming, trendy community with very diverse population filled with tourists, drop-ins and passersby’s. 2021 revenue far exceeded 2019 revenue by 20%, coming back from the Pandemic with a bang! Owner is looking to explore other opportunities.
It occupies a 1250 sq. foot leased space, plus a basement for dry storage of 450 sq ft. – it truly is a remunerative business. It is being sold with all FF&E ($50k) as well as all inventories.
They currently have an Instagram account with over 3,000 followers and an average of 4.8 stars with 500 Google Reviews. This business can be scaled to greater revenue & profit levels with a new owner that can take it to the next level!
This is truly a turnkey business and is ready to be taken to the next level with the right owner.
Other interests
Will be provided.
One story building with basement fully equipped. Also has glass kitchen with outdoor terrace.
Price: $299,000
Location: PA
Industry: Food and Restaurants
Listing ID: 02152021
Beautiful French bakery inspired specifically by Parisian decor and ambiance located in one of the busiest areas in Philadelphia! Enjoy hand-made puff pastries, made-to-order crepes, delightful quiches, and even freshly baked croissants. Their staples also include grab-and-go sandwiches, cold brew on tap and signature lattes. The bakery/coffee shop is located in a welcoming, trendy community with very diverse population filled with tourists, drop-ins and passersby’s. 2021 revenue far exceeded 2019 revenue by 20%, coming back from the Pandemic with a bang! Owner is looking to explore other opportunities.
It occupies a 1250 sq. foot leased space, plus a basement for dry storage of 450 sq ft. – it truly is a remunerative business. It is being sold with all FF&E ($50k) as well as all inventories.
They currently have an Instagram account with over 3,000 followers and an average of 4.8 stars with 500 Google Reviews. This business can be scaled to greater revenue & profit levels with a new owner that can take it to the next level!
This is truly a turnkey business and is ready to be taken to the next level with the right owner.
Gross Revenue: $550,000
EBITDA: $150,000
Seller Financing: Yes
FFE: $60,000 (Included in price)
Reason for Sale: Other interests
Training & Support: Will be provided.
Year Established: 2017
Days & Hours of Operation: Tues-Fri 7am-3pm Sat-Sun 8am-3pm
Employees: 8
Lease Option: Yes
Square Footage: 1670 sq.ft
Facilities Information: One story building with basement fully equipped. Also has glass kitchen with outdoor terrace.
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New York, NY 10001
Price
$299,000
Location
PA
Industry
Food and Restaurants
Listing ID
02152021
Beautiful French bakery inspired specifically by Parisian decor and ambiance located in one of the busiest areas in Philadelphia! Enjoy hand-made puff pastries, made-to-order crepes, delightful quiches, and even freshly baked croissants. Their staples also include grab-and-go sandwiches, cold brew on tap and signature lattes. The bakery/coffee shop is located in a welcoming, trendy community with very diverse population filled with tourists, drop-ins and passersby’s.
It occupies a 1250 sq. foot leased space, plus a basement for dry storage of 450 sq ft. – it truly is a remunerative business. It is being sold with all FF&E ($50k) as well as all inventories.
2021 revenue far exceeded 2019 revenue by 20%, coming back from the Pandemic with a bang!
They currently have an Instagram account with over 3,000 followers and an average of 4.8 stars with 500 Google Reviews. This business can be scaled to greater revenue & profit levels with a new owner that can take it to the next level!
This is truly a turnkey business and is ready to be taken to the next level with the right owner.
Owner is looking to explore other opportunities.
Other interests
Will be provided.
One story building with basement fully equipped. Also has glass kitchen with outdoor terrace.
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
Connecticut Office - Hartford
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
Pennsylvania Office - Pittsburgh
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Pennsylvania Office - Philadelphia
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334
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