Bakery for sale in South Jersey with real estate. Well established with excellent reputation and loyal customer base. 7500 sq foot commercial bakery with $150,000 in equipment 50% accounts are wholesale 50% retail. This property comes with additional rental units which equal 5300 sf total that bring in $62,400 a year. Excellent opportunity for a turn key operation with plenty of potential to expand. Additional vacant lot next to property is included in this sale. Owner retiring after 40 years.
- Asking Price:
- $1,900,000
- Sales Revenue:
- $1,808,799
- Cash Flow:
- $325,986
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Estimated real estate value $1,400,000
- Premises Details:
-
The business operates in a 7,500 sq. ft. commercial facility, fully equipped with baking and manufacturing equipment, and a skilled team in place. Specializing in fine cakes and pastries, the bakery offers a wide array of handmade treats, including cookies, pies, custom cakes, and doughnuts that caters to wholesale and walk-in customers. Also provides custom orders for special events such as weddings, birthdays, and corporate gatherings. Currently all wholesale accounts are focused in only one county.
- Size in square feet:
- 7,500
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Analyzing the profitability of current accounts and taking on new, more profitable clientele along with expanding into more affluent neighboring towns would help to grow this business. New owner could enhance social media marketing and online sales capabilities by creating a website which is currently not in place. Could also increase sales and production by building on the additional lot on the property.
- Reasons for selling:
-
Partnership Split
- Trading hours:
-
Monday-Saturday 7am-7pm Sunday 7am-5pm
- Employees:
- 10 FT / 10 PT
- Years established:
- 39
Other Information
- Support & training:
-
Seller willing to assist new owner during the transition period.
- Furniture / Fixtures value:
- $150,000
