Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840

 

BUSINESS PROFILE

AWARD WINNING BAKERY with REAL ESTATE

 

   Location:                                                          New Jersey (Camden County)          

   Established:                                                    1969       

   Under Present Owner:                                  Family owned since inception           

   Gross Sales:                                                    $800,000                     

   Cash Flow:                                                       $200,000                             

   FF&E:                                                                 $220,000 (replacement value included in ask price)  

 

   Inventory:                                                         $4,750 (included in ask price)                                                             

   Days Open:                                                      6 days – closed Monday      

   Number of Employees:                                 5 FT + 1 PT    

 

   Facility:                                                             3000 sq ft on a main street with a prime corner location in an upscale community.                    

                                                                    

   Asking Price:                                                  $750,000 for the business assets and the real estate.

 

   Financing:                                                       The business has been pre-approved for SBA financing (as little as 15% down) and the seller will consider some financing for a qualified buyer.

                                                                                    

   Training & Non Compete:                           Seller will provide                                    

   Reason for Selling:                                       Personal  

 

 

   Summary Description:

 

This is not your ordinary bakery. All baking is done on premises. This is a well established multiple award winning bakery that is very profitable and has a reputation for delivering great customer service and a variety of creative baked goods that not only look amazing but taste even better. The bakery has a tradition of quality creative baking of wedding cakes, cupcakes, cookies and desserts.

 

The approximate breakdown between the real estate value and the business value is $405,000 real estate and $345,000 business.

 

 

The bakery enjoys a loyal walk in customer base and also provides baked goods to over 50 outside customer accounts. There is ample opportunity to increase revenues.

 

.

 

Sunbelt has been engaged by the seller to be the exclusive broker to facilitate a sale of the company as discussed in this Profile.  The information and financial data in this Profile was provided by the seller and from other sources believed to be reliable and no representation or warranty is made by Sunbelt as to the completeness or accuracy of such information.  A buyer should do such due diligence as they deem necessary to verify the accuracy of all information relied upon by buyer to buy the business.  Any opinions expressed in this Profile are subject to change without notice.