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Bakery Netting $165k Only 10% Needed To Buy For Sale

Philadelphia County, Pennsylvania, US
Asking Price:
$415,000 Furniture / Fixtures included
Sales Revenue:
$561,208
Cash Flow:
$165,519

This business has been pre-qualified for a loan with buyer only needing 10% down ($41,500). Buyer would take home after paying debt service $101,000. Buyer would earn their down deposit back within 5 months!

This Bakery has been owned and operated since 1938. Over the past 70 years, they have provided the Philadelphia area with exceptional customer service and high quality baked goods. They offer a wide variety of cakes, pastries, cookies, donuts, and miniature fancies.

They are an old fashion bakery that makes everything… and everything well. They take pride in this as the industry has become more specialized and bakeries begin to focus on limited product lines.

KEY POINTS:

open only 6 days a week Tues-Sun
closed Mondays
full staff with manager 4ft/8pt
owner will stay on for 12 months, possibly more if needed
only 10% down needed to purchase
sales continue to grow over last few years

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement.

Trading hours:

Tuesday-Sunday 7am-5pm

Employees:
4 FT/8 PT
Years established:
36

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Financing available:

Lender pre-screened with $41,500 down.

Furniture / Fixtures value:
$130,000 - included in the asking price
Inventory / Stock value:
$10,000
Relocatable:
This business can be relocated.