Bakery Business, Mid Hudson Valley, NY

Price: $299,000

Location: Newburgh, NY

Industry: Food and Restaurants

Listing ID: P1042021

This bakery & café is a very well-known retail and commercial business proudly serving customers in the lower and mid Hudson Valley region with high quality baked goods for over 50 years and counting. Excellent location in a populated area surrounded by both businesses and residences. They have walk-in retail trade, parking, and easy access to major roadways with good logistics for route service to commercial accounts.

The bakery has a very busy café serving local patrons daily. The commercial accounts have two main delivery routes serving small businesses and a coveted contract with a large school district that can be expanded upon. The commercial end of the business is fully equipped and has room to grow production  significantly.

This traditional bakery business produces fresh breads, cakes, pies, pastries, cookies, and offers seasonal specialties, custom wedding cakes and a retail café serving coffee, breakfast sandwiches and much more. They are a long time standout for traditional quality and reliability.

• Price: $299,000
• Annual Cash Flow: $100,000
• Gross Revenue: $990,000
• Inventory:  Included
• FF&E: $300,000, Included
• Rent: $5000/mo.
• Monthly Payroll: $24,000, 4 f/t, 18 p/t employees

Seller is ready to retire. The business is strong with large growth potential for an energetic owner or manager to scale to next level and/or combine with existing business in need of more production capacity. The business comes fully equipped with everything included and has lots of storage space as well as room to expand retail and commercial business. The mixed use real estate is also available for sale (not included) and has good cash flow.

Listing Details

Gross Revenue: $991,000

Cash Flow: $100,000

FFE: $299,999 (Included in Price)

(Included in Price)

Reason For Sale:

Owner is seeking retirement.

Training & Support:

Seller will train and support and ensure a smooth transition.

Operation

Year Established: 51 Years

Days & Hours of Operation: 7 Days week

Employees: 4 FT 18 PT

Managers: Owner

Location

Monthly Rent: 5000

Type of Location: Single location.

Square Footage: 6600 SqFt

Facilities Information:

Large production capacity, highly expandable business.

Summary

Owner Qualifications:

Licenses Department of Health.

Potential Growth:

There is plenty of room for growth and expansion with school districts and other commercial accounts.