Location:                                                           New Jersey (Camden County))          

Established:                                                     1969       

Under Present Owner:                                   Family owned since inception           

Gross Sales:                                                    $786,000 (2016)                      

Cash Flow:                                                       $187,000 (2016)                             

FF&E:                                                                 $222,000 (replacement value included in ask price)  

Inventory:                                                          $5,500 (included in ask price)                                                             

Days Open:                                                       6 days – closed Monday      

Number of Employees:                                  5 FT + 1 PT      

Facility:                                                              3000 sq ft on a main street with a prime corner location in an upscale community.                

Asking Price:                                                   $850,000 for the business assets and the real estate.                                                                                   

Training & Non Compete:                            Seller will provide                                    

Reason for Selling:                                        Personal  

   Summary Description:

This is not your ordinary bakery. All baking is done on premises. This is a multiple award winning bakery with a TV presence that has a reputation for delivering great customer service and a variety of creative baked goods that not only look amazing but taste even better. The bakery enjoys a solid and loyal customer base and also services over 30 caterers and hotels. There is ample opportunity to increase revenues. The employees are well trained and reliable.

The approximate breakdown between the real estate value and the business value is $435,000 real estate and $415,000 business.

The business has been pre-approved for SBA financing for a qualified buyer.

Sunbelt has been engaged by the seller to be the exclusive broker to facilitate a sale of the company as discussed in this Profile.  The information and financial data in this Profile was provided by the seller and from other sources believed to be reliable and no representation or warranty is made by Sunbelt as to the completeness or accuracy of such information.  A buyer should do such due diligence as they deem necessary to verify the accuracy of all information relied upon by buyer to buy the business.  Any opinions expressed in this Profile are subject to change without notice.