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