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Gourmet Bakery For Sale In New Orleans Louisiana

New Orleans, Louisiana, US
Asking Price:
$1 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,044,227
Cash Flow:
$252,002

A unique opportunity to acquire an established gourmet bakery and café in the heart of a vibrant New Orleans neighborhood. The business specializes in artisan breads, pastries, specialty coffees, and more. It has been serving loyal customers for years and is situated in a bustling community with high foot traffic. Skilled staff are in place, ensuring a smooth transition for a new owner. The leased space is designed to support a full-scale bakery operation.

This bakery is ideal for a buyer looking to expand in the culinary or retail space or an entrepreneur seeking a turnkey operation in a high-demand market. Its excellent reputation and significant expansion potential offer a solid foundation with room for growth. The current owner is active in the daily operations but is ready to transition for personal reasons. They are willing to offer training and support to ensure a seamless handover.

The right buyer could put as little as 10% down and potentially earn their down payment back in months! Bank financing options are available to qualified buyers. A comprehensive 40+ page Confidential Information Memorandum (CIM) and Matterport Virtual Reality 3-D scan is available for review by fully disclosed buyers.

2023 Sales:$1,044,227 Sellers Discretionary Earnings:$252,002

Structured Sale™ Schedule:

11/29 Question Submission Deadline
12/06 LOI Submission Deadline
12/31 Due Diligence End & Close (time may be extended for financing)

Property Information

Real Estate:

Lease

Lease Terms:

The rent is $5,568 a month with two options of five years each.

Location:

The bakery is located on a high-traffic street in a prime location.

Premises Details:

The building is approximately 1,856 sq ft. and well-maintained. The bakery has excellent frontage on a high-traffic street in a prime location.

Size in square feet:
1856 sq ft

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday -Saturday 7am -3pm; Sunday 8am-2pm

Employees:
9
Years established:
2020

Other Information

Support & training:

The current owner will fully train a new owner for the transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The business should qualify for SBA financing.

Furniture / Fixtures value:
$472,842 - included in the asking price
Inventory / Stock value:
$258,057 - included in the asking price