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Bakery And Coffee Shop In Philadelphia For Sale

Philadelphia, Pennsylvania, US
Asking Price:
$299,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$550,000
Cash Flow:
$150,000

Beautiful French bakery inspired specifically by Parisian decor and ambiance located in one of the busiest areas in Philadelphia! Enjoy hand-made puff pastries, made-to-order crepes, delightful quiches, and even freshly baked croissants. Their staples also include grab-and-go sandwiches, cold brew on tap and signature lattes. The bakery/coffee shop is located in a welcoming, trendy community with very diverse population filled with tourists, drop-ins and passersby’s.
It occupies a 1250 sq. foot leased space, plus a basement for dry storage of 450 sq ft. – it truly is a remunerative business. It is being sold with all FF&E ($50k) as well as all inventories.

2021 revenue far exceeded 2019 revenue by 20%, coming back from the Pandemic with a bang!
They currently have an Instagram account with over 3,000 followers and an average of 4.8 stars with 500 Google Reviews. This business can be scaled to greater revenue & profit levels with a new owner that can take it to the next level!
This is truly a turnkey business and is ready to be taken to the next level with the right owner.

Owner is looking to explore other opportunities.

Property Information

Real Estate:

Lease

Location:

Philadelphia

Premises Details:

One story building with basement. Fully equipped space with glass kitchen and outdoor terrace.

Size in square feet:
1,670 sq.ft

Business Operation

Reasons for selling:

Other interests

Trading hours:

Tues-Fri 7am-3pm Sat-Sun- 8am-3pm

Employees:
8
Years established:
2017

Other Information

Support & training:

Will provide

Financing available:

Seller financing

Furniture / Fixtures value:
$50,000 - included in the asking price

Contact Inbar Group, Inc.

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