Famous Well Know Outstanding Italian Bakery Located on busy road in Long Island this 2700 sf heavily equipped bakery presently only does retail cakes,pasties,breads,Italian ices and cookies.This place was stared in the 60s. Here is a bakery you would be proud to own. Seller takes home over $300k contact broker Jim Aloi Note Buyer can do a ton of wholesale work out of this space. This listing can possible net a motivated buyer as much as a half million a year if they developed a good wholesale business. Landlord seller offer 10 year lease with 5 year option.
- Asking Price:
- $675,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,100,000
- Cash Flow:
- $308,000
Property Information
- Real Estate:
-
Lease
Business Operation
- Reasons for selling:
-
retiring
- Employees:
- 11
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
350,000.00 Down & 325,000 for 5 years @7%
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $3,000 - included in the asking price
