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Bakery-Deli for Sale in Southern Connecticut
| Reference #: |
05221631
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| Location: |
Southern Connecticut
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| Price: |
$175,000 |
| Amount Down: |
$175,000 |
| Revenues: |
$180,000 |
| Discretionary Earnings: |
$67,320 |
| Total Assets: |
$79,400 |
| Business Description: |
Business is a take-out bakery-deli in a large outdoor mall in a prime commercial area. It has been in operation for one year and is profitable. The location has 1,356 sq.ft. and rent is $2,000 per month. All of the equipment is mostly new. The owner operates the business seven days per week from 8am to 9pm and on Sunday from 10 am to 6pm. The bakery menu includes mostly cakes and desserts and some bread for deli use but the deli side, including breakfast, specializes in sandwiches, panini items, salads and wraps. For the first year, the business has average sales of about $15,000 per month while owner income, with the owner working full time, averages about $5,600 per month or $67,000 per year. Equipment value along with the required plumbing, electrical, heating and carpentry work is about $80,000 expended within the first year. This business is an excellent opportunity for an aggessive buyer to assume control of a profitable turn-key bakery-deli which is brand new and grow it from the current level. The owner is selling because he is seeking culinary work in the corporate sector. |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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