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Listed by:

Bateson Business Brokerage

Fifty Year Old Leading Orlando Bakery For Sale

Orlando, Florida, US
Asking Price:
$290,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$649,904 (USD)
Cash Flow:
$81,221 (USD)

Voted Orlando's top Bakery. Will be celebrating its 50th year offering specialty pies, cookies, cakes and pastries using the finest ingredients. Business does no advertising outside of Facebook and Instagram. Sales are predominately retail based so business could be scaled to include commercial accounts and wedding planners. Includes all turn-key equipment including a functional Food Truck that is currently not being used as Owner is looking to retire. All product is made fresh daily on premises and business enjoys several generations of followers. Expansion could also include kiosk or securement of smaller retail Store supported by current bakery operation geographically positioned to take advantage of Central Florida's continued growth. Despite closing for several weeks last year due to Covid surge, bakery witnessed an increase in annual sales. Financials are Tax return based with 9/30/20 YE results representing 2019 tax year. Lender Prequalified !!!

Property Information

Real Estate:

Lease

Lease Terms:

$2,230 per month, NNN. Lease expires 12/31/21 with new long term lease expected to be available to Buyer.

Location:

Bakery is located within a neighborhood shopping center a short distance from Downtown Orlando. A commuter roadway fronts the inline Store/Center offering good visibility. Store is surrounded by moderately priced single and multi-family housing with commercial retail along a good portion of highway.

Premises Details:

Bakery consist of 1,920 SF under Air space located within neighborhood Shopping Center close to Downtown Orlando. Enjoys large outside space that is gated and under roof that adds additional storage and freezers. Store includes several retail counters and full turnkey bakery operation with all functional equipment.

Size in square feet:
1,920
Planning Consent:

Need to take Safe serve certification. Occupational license additionally required.

Business Operation

Expansion Potential:

Business does little to no advertising along with the servicing of commercial accounts that could represent sizeable income opportunity. While Wedding cakes are sold, there is no effort by owners to market its product more globally to this substantial industry.

Competition / Market:

Consist of retail grocers offering lower priced bakery product with less selections and inferior quality that most consumers acknowledge. There are no local bakeries within a close proximity to subject except for regional grocers.

Reasons for selling:

Retirement

Trading hours:

M-F: 7:00am - 7:00pm, Sat-Sun: 8:00am - 6:00pm

Employees:
12
Years established:
50

Other Information

Support & training:

Owner will train for up to 3 weeks at $0 consideration. Includes all family recipes.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Some level of Seller financing negotiable.

Furniture / Fixtures value:
$70,640 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

Contact Bateson Business Brokerage

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