High-End Queens Bakery: 60-Yr Legacy | SDE $437k+
Listing Number: 6842-687070
Listing Details
- Down Payment: $1,050,000
- Sales: $2,083,200
- Seller's Discretionary Earnings: $487,719
- Inventory: $0
- Furniture, Fixtures, and Equipment: $100,000
- Rent: $11,500
- Employees: 20
- Year Established: 1964
- Reason for Selling: Owner retiring
Business Description
Seize this rare opportunity to acquire a well-established and profitable landmark bakery and cafe situated in one of Queens' most desirable, family-centric, and high-traffic neighborhoods. A staple of the community for 60 years, this business has built an impeccable reputation for exceptional quality, consistent service, and a warm, inviting atmosphere. This is a truly turnkey operation, perfect for an existing operator seeking to expand their footprint or an ambitious entrepreneur ready to take over a market leader.
Business Description:
This high-volume, scratch bakery and cafe is a cherished institution, renowned for its daily menu of artisanal goods. The business benefits from its central location in a vibrant, bustling area that attracts a loyal customer base of local residents, professionals, commuters, and destination shoppers.
Operating from a beautifully designed, high-visibility storefront, the business is known for its wide-ranging selection of high-quality products. It generates consistent, strong revenue from diverse streams, including a bustling breakfast and lunch rush, all-day counter sales, a thriving catering department for private and corporate clients, and substantial high-margin sales of elaborate, custom cakes for all occasions.
The business operates with a skilled, dedicated, and well-trained team in place, allowing for a smooth transition of ownership. The bakery has modern equipment, an efficient workflow, and established vendor relationships.