Established Successful Bakery and Cafe For Sale

Business description

This is a family run business in the same location for 66 years! Well established local clientele plus high volume tourist sales. Coffee/tea/espresso comprises 20% of revenue, baked goods/pastries 50%, sandwiches/salads 15%, pizza 5%, and other 10%. Current owner has run the business for 2 years and has increased revenue 60% by adding pizza, new bread, gelato and coffee lines as well as catering plus improved product lines. Potential to increase sales by adding hours, beer and wine license for evening pizza sales. Catering is new service and can be grown. Indoor seating for 12, beautiful outdoor patio holds additional 12 seats. Easy local parking. Hours: 5AM-9PM M-Sat, 6AM-9PM Sun.

Property information

Real Estate:

Lease

Lease terms:

8 years remaining assignable lease

Location:

Seaside town in South Eastern MA

Other information

Expansion potential:

Increase pizza making hours, beer, wine, and catering services

Competition / Market:

Dunkin’ Donuts ¼ mile away, small café 2 blocks away

Support & training:

Owner will train/support for 1mo. Up to 100 hours

Reasons for selling:

Owner has taken a new career position in another town

Trading hours:

5am - 9pm Mon - Sat; 6am-9pm Sun

Financing available:

Pending SBA pre-screening

Inventory / Stock value:

$8,000 (included in the asking price)

Related documents:

• 
• Confidentiality Agreement