Bakery Netting $208K only 10% Needed to Buy
Philadelphia County, Pennsylvania
| Asking Price: |
Gross: |
Cash Flow: |
| $415,000 |
$600,575 |
$208,530 |
Furniture and Fixtures Value:
$130,000 (included in the asking price)
Inventory Value:
$10,000 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This business has been pre-qualified for a loan with buyer only needing 10% down ($41,500). Buyer would take home after paying debt service $144,000. Buyer would earn their down deposit back within 3.5 months! This Bakery has been owned and operated since 1938. Over the past 70 years, they have provided the Philadelphia area with exceptional customer service and high quality baked goods. They offer a wide variety of cakes, pastries, cookies, donuts, and miniature fancies. They are an old fashion bakery that makes everything… and everything well. They take pride in this as the industry has become more specialized and bakeries begin to focus on limited product lines. KEY POINTS: open only 6 days a week Tues-Sun closed Mondays full staff with manager 4ft/8pt owner will stay on for 12 months, possibly more if needed only 10% down needed to purchase sales continue to grow over last few years
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| Year
Business was Established: 1987 |
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| Number of Employees:
4 FT/8 PT |
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| Owner
willing to finance:
Lender pre-screened with $41,500 down. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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| REQUEST MORE INFO |
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