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PRIICE REDUCED! Bakery Cafe in Queens Neighborhood Doing $1.25M
New york (Queens)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11719
Business Type:
Established Businesses
Business Category:
Bakers-Confectioners
State:
New york
County:
Queens

Other Information

Financial Information

Asking Price:
$785,000
Gross Income:
$1,275,000
Cash Flow:
$247,232
Seller Financing:
$300,000  

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Business Description

This Bakery held its ground and survived the pandemic with unbelievable sales and netted over $250,000 last year.  For 2020 sales with $1,270,000 all walk-in.  Wholesale business went down but walk-in and retail business went up!  Owner doesn't bake or cook at this stunning Bakery Cafe nestled in the heart of an upscale affluent neighborhood in Queens.  The Cafe Bakery was fully renovated with all new state of the art baking equipment, fixtures, and furniture with no expense spared.  With a 10 year lease, this business is ready for a new owner to make money for years to come.  It has a 2000sqft main floor and a 2000sqft basement space.  The Bakery Cafe offers a breakfast, lunch, espresso bar, hand-crafted pastries, gelato, and custom cakes.  The Cafe is also setup with about 30 seats inside and about 8-10 seats outside.  The business has been established for over 18 years.  This is a once in a lifetime opportunity for someone who wants to expand this business and take it to the next level.

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11719

Business Listed By

Bob Patel

Email this List   5163421648
Email this List   917-642-6400
Email this List   bob@eastcoastbusinessbrokers.com
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