Seller Motivated, Profitable Bakery For Sale in Brooklyn, NY

Brooklyn, NY
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Asking Price:$245,000
Gross Revenue:$420,000
Rent:$4,120/Month
Established Year:1999
Cash Flow:$216,000
Inventory:$5,000
FF&E:$70,000
BUSINESS DESCRIPTION

High-Volume well Established retail and wholesale bakery in Brooklyn, NY. Product quality and market differentiation sets this bakery apart. This is a turn key retail operation with a great, fun working environment with passionate, repeat customers, both residential and commercial. Revenue stream is substantial with room to expand and continue growing the brand. The location is about 2000 Sq. Ft. Very simple operation and no food/bakery experience needed.
Motivated seller, will provide detailed information, needed with signed NDA.
2 very new and nice showcase refrigerators and 7 tables for the seat, patio takes 2 sides of the bakery with 15 tables.
Very big and very equipped kitchen with 2 ovens( rotating and pizza oven ); cooktop with its own oven, 1big professional mixer, 2 big refrigerators, 2 big freezers, walk-in refrigerator and freezer.
Very convenient for additional service/many.

Working hours 7am-11pm every day
Lease: 3 years +5 years option
Rent: $4,120 +3% on a yearly base

Gross sale a month is about $35,000 per month ($420,000 per year)
Net sale is about $18,000 per month ( $216,000 per year).

Expenses a month:
Rent:$4,120
Electricity: about $1,000
gas: about $350
water: about $80
garbage: about $150
internet/phone $120
payroll about $10,000(3 employees, 1 in the kitchen, 2 in front)


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Brooklyn, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
30/09/2031
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
two weeks training
Reason for Selling
Retiring
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Andrijana
Babic
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Andrijana Babic