This company is a leading New York City retail bakery which provides top quality fresh bakery products to the entire Manhattan marketplace. Over its 13 years in business, this bakery has established an impeccable track record for providing a broad selection of high quality, in demand baked goods. The bakery is famous for its wide variety of outstanding baked goods including many varieties of cakes and pies. Corporations, individuals and small businesses alike return time after time to the this bakery to make purchases because of the freshness and uniqueness of its products. Additional the business has an excellent reputation for outstanding customer service due to its professional and highly efficient staff. This bakery is widely recognized as a company that is totally committed to reliability, quality and complete customer satisfaction.
Gross Income: $1,543,000
Cash Flow: $300,000
Fixtures, Furniture & Equipment:
County: New York
Year Established: 1999
Business Type: Retail Food Related
Seller Financing: Yes
Facilities: The store is operated out of 1700 sq. ft. of space. The store is located in a busy section of Manhattan which is densely populated with a strong nightlife and many local corporate offices, hospitals and small businesses located close by. The store is very attractive inside and out, and fully functional. All inventory is arranged and stored in custom designed storage areas for easy access. Monthly rent is $13,000.
Competition: Competition exists but the bakery maintains a significant competitive advantage in its local market, due to its ability to satisfy virtually all of its customers needs quickly and efficiently. As one of the best known retailers of customized baked goods in Manhattan, this business is well known for its ability to produce unique gift items for corporate and family events. The companies reliability and exceptional reputation for quality products and services provides a strong platform for maintaining profitability.
Growth/Expansion: The Company believes that a well-planned and financed marketing campaign can significantly increase sales by promoting the companies key competitive advantages (personalized and knowledgeable service, a complete product line and competitive pricing).
Financing: Some seller financing available.
Support/Training: The Seller will provide some training and an orderly transition to the new owner.
Reason Selling: Owners wishes to relocate in order to run a second store.
Listing ID: 75810