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Food & Beverage

65 Year Old Profitable Quality Bakery

Bergen County, NJ, USA
Updated 6 hours ago
Established 1963

Landmark bakery off a major thoroughfare in the heart of an affluent area. A family-owned business for several generations, it has run very well since its inception. There’s no very high volume bakeries in the town or in any neighboring ones. It’s a proven destination stop for many customers from the local area.Bakery reached its highest sales volume ever last year with plenty of room for growth as there’s no wholesale business. It was recognized as being in the top 3 bakeries in Bergen County in 2022 & has been one the top 25 bakeries in the county for many years. A very large, dependable staff with a very experienced owner and a high level baker has driven the business. Owner will provide free training & is highly motivated! Asking Price?$449000Cash Flow?$280000Gross Revenue?$985000Inventory?$15000Lease Rate$5673Real EstateLeasedEstablished1963Building SF$1800Lease Expiration4/30/2025Employees25FacilitiesInclude in asking priceCompetitionThis is the best bakery in town.Support & Training Two weeks free training after closingInventoryInclude in the selling price.Reason for SellingRetiring

Employees

25

Inventory

Include in the selling price.

Facilities

Include in asking price

Lease Rate

$5673

Building Sf

$1800

Real Estate

Leased

Lease Expiration

4/30/2025

Support & Training

Two weeks free training after closing

Reason for Selling

Retiring

Financials

Asking Price
$449K
RevenueMost Recent Year
$985K
Earnings (SDE)Last Reported
$280K
Assets Value
Undisclosed
Seller Financing
Not available

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