Amazing bakery and pastry shop for sale in the heart of Astoria

Astoria, NY
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Asking Price:$340,000
Inventory:$10,000
EBITDA:$200,000
Gross Revenue:$950,000
Rent:$10,500/Month
FF&E:$75,000
BUSINESS DESCRIPTION

Owner Operated- bakery and pastry shop for sale in the heart of Astoria. About $900.000 gross sale a year.
An opportunity for an experienced operator or someone looking to get into bakery industry.
There are many opportunities for a new owner.
The menu gives customers different flavors to experience.
The best choice of cookies, cakes and ice-cream in Astoria.

The asking price is $320.000. Equipment is included in asking in the asking price.(Owen, 5 refrigerators, walk-in refrigerator)
it is about 1000 sq. ft. +kitchen of 170 sq. ft.
it has a basement-same size as the shop.
Rent is $10,500 a month
lease-10 year
Insurance $6,000 per year
Workers comp $2500 per year
Payroll-about $10,000 a month(3 employees)
Gas/electric-$2,500 a month
Garbage-$200 per month
Spectrum-$210 per month
Water -about $100 Per month
Supply --$6,000 per month
$75,000-$80,000 monthly gross sale.
Net about $45,000 per month.
Owner is ready to hear offers. Call 732) 306-6119 for information.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Astoria, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,700
Lease Expiration
01/06/2033
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Negotiable
Reason for Selling
Family
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Andrijana
Babic
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Andrijana Babic