Location: Rockland County, NY
Industry: Wholesale and Distributors
Listing ID: 1042021
Well-Established Bakery is a very well-known family run Italian wholesale and retail bakery business proudly serving customers in the lower Hudson Valley with high quality products for over 50 years.
They have a great location in a highly populated area surrounded by both businesses and residences with walk-in retail trade, parking, and access to major roadways for excellent logistics on route service to commercial accounts. Business consists of the retail bakery, on premise café and the wholesale bakery business with 2 main delivery routes for commercial accounts and a coveted contract with a very large school district with the potential to acquire more. The mixed-use real estate, fully rented with great cash flow, is available for sale with the business
This business has constant demand for their products and has been a standout in the industry for quality and reliability. They produce all the standard Italian bakery favorites, including fresh rolls & bread daily, cakes, pastries, cookies, seasonal favorites, coffee, breakfast sandwiches plus custom catering, wedding cakes and more.
• Price: $350,000 + FF&E
• Annual Cash Flow: $100,000
• Gross Revenue: $991,000
• Inventory at Cost: TBD, included
• FF&E: $450,000, not included
• Down Payment: Negotiable Seller, Finance Available
• Rent: $5000/mo. or Property Taxes $2500/mo.
• Monthly Payroll: $24,000, 4 f/t, 18 p/t employees
Gross Revenue: $991,000
Cash Flow: $100,000
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
Non-Owner Payroll: $6,800
Employees: 4 FT 18 PT
Type of Location: Single location.
Square Footage: 6600 SqFt
Licenses Department of Health.
There is plenty of room for growth and expansion.