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.
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.
Year Established: 51 Years
Days & Hours of Operation: 7 Days week
Employees: 4 FT 18 PT
Monthly Rent: 5000
Type of Location: Single location.
Square Footage: 6600 SqFt
Large production capacity, highly expandable business.
Licenses Department of Health.
There is plenty of room for growth and expansion with school districts and other commercial accounts.