South Jersey Bakery with two locations!

New Jersey

Seller Financing Available

listing image
Asking Price:$67,000
Inventory:$7,000
FF&E:$40,000
Gross Revenue:$253,000
EBITDA:$11,400
Established Year:2014
BUSINESS DESCRIPTION

Turn-key, scratch bakery w/ devoted local following is ready for you!

If you have been looking for a sign to live out your dream running a bakery, look no further! This turn-key classic bakery is a local staple that has been in business for over 10 years and has two locations on busy highways in South Jersey. The bakery is well known for its rolls, loaves, bagels, cinnamon rolls, pretzels, and cookies. The bakery also does custom cakes and has an established social media following of almost 10,000 people between all accounts.

The bakery has several wholesale clients in Gloucester and Salem Counties and receives large retail orders from an additional five entities weekly. The business is only open four days per week except for the summer when it is open only three days per week, meaning the work hours are relatively light.

Most equipment including ovens, cold display cases, and freezers are less than three years old. Most staff have worked for the business for over two years. The owner is willing to stay on for a few weeks to train new ownership and consult on an ad hoc basis in the future.

The bakery owner is absentee and is looking to sell to an owner-operator who will carry on the legacy and serve the community. Nonetheless, the owner will consider an absentee owner too.

For more information or inquiries, please contact: contactbiz4sale@gmail.com


DETAILED INFORMATION
Location
New Jersey
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The bakery has 8 tall fridges and freezers (most are stainless steel), 4 ovens, 3 humidity-controlled large glass display cases, 2 large cold display cases, 2 warmer display cases, 2 stainless steel dual prep-counter refrigerators, and much more. The bakery also has strong social media presence and an extensive recipe collection proprietary to the business.
Financing
Willing to finance up to $30K over 36 mos. @ 8.5% interest.
Support & Training
Owner will train for 2 weeks at $0 cost and an additional 4 weeks at $30/hour.
Reason for Selling
Owner lives far from business now.
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Listed By: Not Disclosed