Coffee Shop/Cafe & Bakery in Philadelphia, PA!

Price: $320,000

Location: Philadelphia, PA

Industry: Food and Restaurants

Listing ID: 02152021

Parisian inspired café and bakeshop in bustling area in Philadelphia! Some of their staples include French puff pastries, made-to-order crepes, savory quiches, fresh baked croissants and grab-and-go sandwiches. Their draft lattés and cold brew iced coffee on tap are also a crowd favorite.

The bakery/coffee shop is located on a busy street making it accessible for drop-ins and passerby’s. It occupies a 1250 sq. foot leased space, plus a basement for dry storage of 450 sq ft. – truly is a turnkey 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 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!

Owner is looking to explore other opportunities.

Listing Details

Gross Revenue: $550,000

EBITDA: $150,000

FFE: $60,000 (Included in Price)

Inventory: $10,000 (Included in Price)

Reason For Sale:

owner is looking to explore other opportunities

Training & Support:

will provide

Operation

Year Established: 2017