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Catering Bakery

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$649,000 $1,200,000 $300,500

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$30,000 (included in the asking price)

Business Summary:
This is an excellent well run Russian catering business with 70% of its volume consisting of contracts to senior facilities and day care centers catering to the Russian American community eliminating the need for advertising. For further information please contact Robert Marcano at 908-851-9040 Ext. 260.

 
   
   
Year Business was Established: 2000
   
Number of Employees: 9  
   
Facilities / Terms of Lease: Approximately 1,000 sq. ft. set up like a typical bakery with cooking facilities in the rear  
   
Potential Growth/Expansion: Excellent opportunity to expand the existing contract accounts as well as selling the baked goods via the internet.  
   
Competition: 2-3 smaller stores in the city but no major competition outside of Brooklyn, New York  
   
Owner willing to finance: $324,000, Prime + 2%  
   
Owner willing to train: 90 days for training with on going support/consultations for the term of the note  
   
Reason for selling: Retiring  
 

 

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