Established, Profitable Family-Owned Retail Bakery & Pastry Shop

Chicago Metro, Illinois

Listing Type: For Sale By Broker
Category: Food & Beverage: Producers, Bakery, Farms
MLS #: DP639657

Description:

This family-owned bakery and pastry shop is an excellent opportunity for a couple of experienced bakers or recent culinary school graduates to own an established, highly profitable retail bakery. The business was founded by the current owners in 1983, and has been operating continuously for the past 26 years in the central business district of a quiet, upper-income community. The business occupies 2800 sq. ft. of ground level retail storefront space, is situated on a high-traffic thoroughfare, is 1 block away from a Metra train stop, is surrounded by other Main Street businesses, and provides adjacent customer parking for 14 autos. In addition to loyal, repeat customers, the shop supplies baked goods and pastries to commercial clients that include several country clubs, banks, and corporate clients: There are excellent opportunities for revenue growth in the commercial and catering markets. The bakery owners also own the commercial building and adjacent parking lot. The commercial real estate is listed through a Sunbelt affiliated real estate broker. The sellers have agreed to a 30-day transition period in which they will remain active in the business to orient and train the new owner(s). The sellers will provide significant seller-carry for the right buyer(s). The business and building, if packaged together, are a most viable candidate for SBA 804 financing. Believe me when I tell you....The bakery products and pastries are delicious! For more information, contact the listing broker, Dave Hayes / Sunbelt Business Advisors at 847-605-1510 x241.

Pricing Information
Asking Price:	$249,000	FF & E:	$85,000
Gross Revenue:	$311,449	Lease/Rent:	$0
Cash Flow:	$84,842	Inventory:	$2,000
Adjust Net Income:		Real Estate:
Monthly Payroll:

About The Business
Style:	Information not available.
Year Established:	1983	Lease/Rent:	$0
Full Time Employees:	4	Part Time Employees:	8
Size (square feet):		Lot Size (acres):

About The Sale
Reason for Selling:
retirement
Is Financing Available?

Is Owner Willing To Train/Assist New Owner?

Is This a Home Based Business?

Is This a Distressed Business or Bankruptcy Situation?

Details:	Daniel Pedersen
Company Name:	Sunbelt Business Advisors
Phone Number:	847-605-1510
Fax:	847-605-1310
Cell Number:
Email The Seller:	Click Here

This family-owned bakery and pastry shop is an excellent opportunity for a couple of experienced bakers or recent culinary school graduates to own an established, highly profitable retail bakery. The business was founded by the current owners in 1983, and has been operating continuously for the past 26 years in the central business district of a quiet, upper-income community. The business occupies 2800 sq. ft. of ground level retail storefront space, is situated on a high-traffic thoroughfare, is 1 block away from a Metra train stop, is surrounded by other Main Street businesses, and provides adjacent customer parking for 14 autos. In addition to loyal, repeat customers, the shop supplies baked goods and pastries to commercial clients that include several country clubs, banks, and corporate clients: There are excellent opportunities for revenue growth in the commercial and catering markets. The bakery owners also own the commercial building and adjacent parking lot. The commercial real estate is listed through a Sunbelt affiliated real estate broker. The sellers have agreed to a 30-day transition period in which they will remain active in the business to orient and train the new owner(s). The sellers will provide significant seller-carry for the right buyer(s). The business and building, if packaged together, are a most viable candidate for SBA 804 financing. Believe me when I tell you....The bakery products and pastries are delicious! For more information, contact the listing broker, Dave Hayes / Sunbelt Business Advisors at 847-605-1510 x241.