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NYC Bakery 2 M Revenue

New York, NY
Asking Price:$750,000
Gross Revenue:$2,100,000
Rent:$31,200/Month
FF&E:$650,000
Cash Flow:$240,000
Inventory:$20,000
EBITDA:$240,000
Established Year:2014
Listing ID: 2291571Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established Retail Bakeries in NYC + Industrial Kitchen

With a mission to build a community , our bakery opened our doors and hearts about 10 years ago. We now have 2 retail stores in Manhattan and a fast growing Online Cake Business that grew over 625% from 2021 to 2024 and deliveries to Manhattan, Brooklyn, and Queens.

All of our products are made with REAL, HIGH QUALITY, and ALL-NATURAL ingredients. Made in small batches and baked to order in our industrial kitchen.

Cakes are kind of our thing!
Birthday Cake, Gender Reveal Cake, Smash Cake, Number Cake, Wedding Cake - all of the most special occasions - you name it, we celebrate it!

Our cake business began as pick up in-stores only. But as the demand grew, we saw an opportunity to reach other communities in NYC as well as expand our design catalogue and custom cake department.
At first, we slowly started delivering to other zipcodes around us, and the the demand continued to grow.As we started getting calls about our cakes from all over NYC we created a user friendly website where customers can QUICKLY select from a LARGE AND EXCITING CATALOGUE of cakes and DELIVER ANYWHERE IN MANHATAN, we also now deliver to some parts of queens and brooklyn.

That, combined with staying on top of and ahead of pop culture trends, and being able to deliver anywhere in Manhattan + parts of Brooklyn and Queens in as fast as 3 days allowed us to grow more than 600% in 4 years and has allowed us to reach a new pool of customers (Gen Z) with an opportunity to keep growing from here on, if we gain the operational ability to reach parts of Westchester, New Jersey and Long Island.

DETAILED INFORMATION
Location
New York, NY
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
08/11/2030
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3 Leases, all can be renewed - 2 retail and one commercial kitchen that was custom built for high volume operations.
Competition
There is little to no competition to the online model that we are offering on our online cake business - with this size/variety of catalogue and turnaround. With staying atop of trends as opposed to always selling the same product, we have been able to keep our customers loyal, while always attracting new ones both via word of mouth and a very successful ads campaign on both meta and google.
Growth & Expansion
There an immense opportunity to expand this to other markets - like New Jersey, Westchester and Long Island, Our customers have actually been begging us to come to these areas and research has shown that there is no competition there and the same demographics that we serve are present there.
Support & Training
2 - 4 months of training depending on offer.
Reason for Selling
Personal.
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Marina Halpern
Phone Number
Marina Halpern
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