Top Northern NJ Italian Bakery and Deli/Caterer for Sale
| Asking Price: | $1,200,000 |
| Gross Revenue: | $2,019,721 |
| FF&E: | $350,000 |
| Cash Flow: | $594,198 |
| Rent: | $78,168/Year |
| Established Year: | 2004 |
Great Reputation in the local community! Seller is open to negotiation
This bakery has been serving the local community for two decades. The current owners purchased the bakery nearly ten years ago, and have grown the business over 200%. The successful growth of the business can be attributed to the focus on quality, with the end customers always in mind.
Aside from the core business as a bakery and pastry shop, it is also an Italian deli. Items offered include Wedding/Custom Cakes, Italian cookies and pastries, bread/rolls, breakfast, soups, salads, sandwiches, various deli meats and pizza. Catering is also a service offered which includes traditional Italian food trays and appetizers.
True to the core of the business, revenue is comprised approximately 65% from baked goods and 35% from the deli/foods. Cookies and pastries tend to be the most popular products sold. This is a retail establishment, not currently offering wholesale of product.
The standard level of working capital required is $30K-40K.
Most business comes from word-of-mouth, given the highly quality products and service offered.
Both owners work full-time in the business, with one owner focused strictly on baking and the other owner focused on the Cake decorations, helping with baking as required. One partner will transition out of the business as soon as possible, while the other partner is willing to stay on as an employee.
