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Italian Bakery

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$89,000 $130,000 $48,707

Business Summary:
Italian retail/wholesale bakery situated in a business district next door to a pizzeria (landlord). 3-accounts, 2-diner, 1-restaurant. Good location. Low rent. Large spacious kitchen. Business needs to be nurtured. Needs owner/operator/baker who has knowledge of marketing in order to advertise. Nearby lofts with corporate tenants. Great place for cupcakes. Shows nicely. Breakdown of sales: cash (68%), credit cards (22%). For further information please contact Jeff Steinberg at 908-851-9040 Ext. 264.

 
   
   
Year Business was Established: 2011
   
Number of Employees: 1  
   
Facilities / Terms of Lease: Approximately 3,200 sq. ft. in good condition. Lease is 4 years (100 inc. per/year) + 5 years  
   
Potential Growth/Expansion: Additional wholesale accounts could be added  
   
Competition: None  
   
Owner willing to finance: ½ down with a balance of $44k payable in 2 years at 0% interest  
   
Owner willing to train: Two weeks  
   
Reason for selling: Family issues  

 

 

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