Profitable Commercial Bakery & Catering Business with Real Estate!

Asking Price$2,300,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$10,000
Included in asking price
FF&E$100,000
Included in asking price
Real Estate$2,000,000
Included in asking price
Kitchen_Catering_Area
Bakery_Work_Area
Baking_Oven_Area
Front_Office_Area
Exterior_Building_Parking_Lot
Storage_Prep_Area
Kitchen_Catering_Area
Bakery_Work_Area
Save1/6

Profitable Commercial Bakery & Catering Business with Real Estate!


Asking Price$2,300,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$10,000
Included in asking price
FF&E$100,000
Included in asking price
Real Estate$2,000,000
Included in asking price
Business Description
Established over 40 years - commercial bakery and catering provider. Turn-key building and business - everything set-up and ready to go! Steady gross revenue and profit - a great expansion play for an existing food business needing more space. Tons of walk-in refrigeration. Loyal client base that requires very little selling - although this is an area for expansion. Building is set-up half-caterer and half-bakery with bays on opposite sides for easy loading. Both sides have walk-in freezers and fridges. Large cargo freezer outside for extra storage. Three cargo storage containers outside for extra storage. HVAC system well-maintained. Building can easily add-a-level and double 7,900 square footage. Parking lot for +12 cars.
About the Business
Years in Operation
40
Number of Employees
6
Facilities & Assets
Large single-level masonry building located in mixed (residential and commercial) zone. Roughly half the building is set-up with a large commercial kitchen for catering and the other half of the building is set-up for commercial baking. Large garage bay doors at opposite sides of the building for easy loading. All equipment is already in place - no plumbing or electrical needed - this is turn-key. Kitchen includes hood, fryers, grill, 3 bay sinks and more. Bakery includes multiple ovens, mixers and more. Parking for +12 vehicles.
Website
https://www.fbfinecatering.com/
Market Outlook / Competition
Catering is very competitive - but we get about $300,000 annually in repeat business with no effort as business has been established for several decades. Busy from June - December with holiday, summer (BBQs) and other seasonal work. Bakery has more loyal and long-standing following - again from decades in business. Accounts with many of the premier catering venues and golf associations throughout NJ. Steady work with increased business Sept - December.
Opportunities for Growth
Both catering and bakery businesses can be grown but both experience high competition. There would likely be more growth on the bakery side of the business and expand BEYOND NJ alone and push into NYC, Westchester and Long Island.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
7,900
About the Sale
Seller Motivation
We own MANY other businesses and properties. This is a large building for the r
Transition Support
Seller happy to assist in transition pre-and-post closing. Seller has been absentee and business can easily be transferred as-is with very little effort.
Listing Info
ID
2399424
Listing Views
574
Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Chris Consorte

Listing ID: 2399424 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Mexican Restaurant
$539,000Mexican RestaurantEssex County, NJ
McAlister's Deli
$425,000McAlister's DeliFeatured Franchise
Pub/Restaurant and 3 BR Home
$2,900,000Pub/Restaurant and 3 BR HomeFairfield, NJ
Sloan's Ice Cream
$180,000Sloan's Ice CreamFeatured Franchise
Meal 522-526 Nutley NJ
$2,490,000Meal 522-526 Nutley NJNutley, NJ
Jon Smith Subs
$100,000Jon Smith SubsFeatured Franchise
Anchor Bar
$350,000Anchor BarFeatured Franchise
Mexican Restaurant
$539,000Mexican RestaurantEssex County, NJ
McAlister's Deli
$425,000McAlister's DeliFeatured Franchise
Pub/Restaurant and 3 BR Home
$2,900,000Pub/Restaurant and 3 BR HomeFairfield, NJ
Sloan's Ice Cream
$180,000Sloan's Ice CreamFeatured Franchise