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.
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.
Listing Details
Gross Revenue: $550,000
EBITDA: $150,000
FFE: $60,000 (Included in Price)
(Included in Price)Reason For Sale:
Other interests
Training & Support:
Will be provided.
Operation
Year Established: 2017
Days & Hours of Operation: Tues-Fri 7am-3pm Sat-Sun 8am-3pm
Employees: 8
Location
Lease Option: Yes
Square Footage: 1670 sq.ft
Facilities Information:
One story building with basement fully equipped. Also has glass kitchen with outdoor terrace.