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Amazing Wholesale and Retail Pastry Bakery in Miami

Miami-Dade County, Florida

Asking Price: Gross: Cash Flow:
$2,000,000 $2,993,653 $971,054

Furniture and Fixtures Value:
$300,000 (included in the asking price)

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

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Amazing Wholesale and Retail Pastry Bakery in Miami. For 15 years this bakery has grown consistently, year after year, to establish itself as a reference in South Florida. It is an impeccable operation supplying upscale-casual pastries to highly selective retail and wholesale customers, like luxury hotels and resorts, VIP event promoters, and banquet houses. This bakery offers a unique selection of exquisite, custom-made pastries, desserts, and cakes for events of any size. The brand is widely recognized for the quality and originality of its products. The financials presented already reflect the replacement of the current owner by a well-paid pastry chef, making this an ideal opportunity for a buyer/investor seeking to acquire an established business with a spotless reputation, to expand and eventually franchise the brand. The seller will facilitate a smooth transition and is willing to stay as a consultant. This business is pre-qualified for an SBA-backed loan, to which the lender expects the buyer to have direct/translatable experience in the industry and sufficient post-injection liquidity. This business will certainly qualify for an investment Visa. All prospective buyers will be asked to demonstrate financial capability (POF/PFS) and a suitable profile/background (BIO/CV). Please refer to listing 2201844440 & Fernando Mello

 
   
   
Year Business was Established: 2009
   
Number of Employees: 27  
   
Facilities / Terms of Lease: Monthly Rent $8,129.63 Square Units (Foot, Meter) 2,060 Lease Expiration Date October 31, 2028, 12:00:00 AM Terms Options  
   
Owner willing to finance: Owner Financing Amount $500,000.00 Owner Financing Interest 8% Owner Financing Terms Months 36 Other Financing Amount $1,850,000.00 Other Financing Interest 10.5% Other Financing Term Months 117  
   
Owner willing to train: Seller will train for 2 weeks at no cost  
   
Reason for selling: Other  
 

 

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