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Listed by:

VR Business Brokers / Mergers & Acquisitions

Turnkey Bakery Coffee House For Sale

Broward County, Florida, US
Asking Price:
$179,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$410,118 (USD)
Cash Flow:
$99,636 (USD)

Very charming Bakery & Coffee House for sale in Broward County. Former Starbucks location (as of Oct 2020). Fully equipped & remodeled. A true turnkey business. Sits 15 people inside and another 10 outside on a pleasant outdoor patio.

Breakfast, lunch and light dinner offered featuring exquisite Scandinavian Pastries, traditional Danish sweet treats, freshly baked croissants plus assorted coffees and other beverages. Menu expanded in May 2021 to include puff pastires, empanadas, cookies & sandwiches. Hours of operation extended in May 2021 to 7:00 PM 7 days a week (used to be open until 3:00 PM).

May 2021 sales up 53% from April with June sales double that of April as a result of expanded menu, increased marketing & operating hours and adding beverages to delivery services. December 2021 sales were the best month ever! Owner very bullish on 2022 sales with the return of tourists & Canadians. Owner is also in the process of applying for a beer & wine license.

Customer reviews are exceptional!!! (4.6 out of 5.0). Delivery by UberEats, DoorDash, and GrubHub.

Motivated seller who is currently a semi-absentee owner. A qualified Manager is in place. Should qualify for an E2 visa.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly: $4,700
Expiration: 09/30/2023
Sqft: 1,900
Terms and Options: 3 year option

Size in square feet:
1,900

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday-Saturday 7 AM-7 PM Sunday 8 AM-7 PM

Employees:
5
Years established:
2016

Other Information

Support & training:

Seller provides training for 2 weeks with no cost.

Furniture / Fixtures value:
$35,000 (USD) - included in the asking price
Inventory / Stock value:
$7,000 (USD) - included in the asking price

Listed by

VR Business Brokers / Mergers & Acquisitions

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