25-Year-Old Family Owned Bakery in Texas

Listing Number: 76931-838796

Description

Over twenty-five years in business, what started as a hobby for a family quickly transpired into a local favorite and staple bakery in the community. The current location has been open for more than 25 years offering specialty cakes, cupcakes, cookies and baked goods as well as party and baking supplies. They have built the business with a dedicated team that provides high-quality products, custom-made products for their clients. The business occupies 4,250 square feet of commercial space with reasonable market rent at $3,900. This well-equipped bakery offers a great opportunity to take over an established family business and take it to the next level.

Sale includes, FF&E valued at approximately $150,000 and Leasehold Improvements valued at approximately $350,000.

Listing Details

• Price: $ 60,000
• Down Payment: $60,000
• Sellers Discretionary Earnings: $ 42,915
• Total Sales: $ 335,398
• Location: Nueces County, Texas


• Inventory: $ 10,000
• FF&E: $ 150,000
• Employees: 5
• Year Established: 25
• Reason for Selling: Retirement
• Category: Restaurants