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70 Year Old Rare Bakery In Fairfield County For Sale

Fairfield County, Connecticut, US
Asking Price:
$170,000 (USD)
Sales Revenue:
$150,000 (USD)
Cash Flow:
$75,000 (USD)

Rare Bakery- Est. 70 Years. Major Price Reduction! Covid resistant business. The owner is not a baker and you do not have to be a baker either. This is a community landmark. They specialize in all your favorite, cakes, cookies, pastries, and more. This is a side investment for the current owner. He comes into the bakery on a very part-time basis. He basically comes in to handle some bookkeeping and making deposits, approximately 20 min/day. The business is fully staffed and you do not need baking experience to purchase or operate the business as it is fully staffed with highly skilled employees (2 F/T and 2 P/T). The business is located in a great shopping center with good parking. There are 10 years remaining on the current lease with a rent of $4,266/mth. In the past year the business grossed approx. $140,000.00 with an owner's cash flow of approx. $75,000.00. The $140K sales figures come from the Square POS system only and is not inclusive of all sales. An owner-operator or baker could run the business even more efficiently. We are seeking a serious and financially qualified buyer with at least $170K in liquid funds. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Divesting

Employees:
2FT/2PT
Years established:
1952

Other Information

Support & training:

Seller will train

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

170,000.00 Down &

Furniture / Fixtures value:
$125,000 (USD)

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