Thriving Bakery and Cafe in Mississippi - 36509

Financing

$400,000 Down and $199K over 3 yrs. @ 7.5%

Business Description

Thriving Bakery and Cafe on Major Roadway. This is a true gem. The business and property are both available for sale. The business has shown year over year growth and is located in a 4 lane highway. They currently serve lunch only. This is a spacious 3,600 sf facility with ample indoor and outdoor seating to serve the masses. It is fully equipped with a bakery kitchen. In the past year the business grossed $1,133,889.15 with an owner’s cash flow of $240,000.00. That is after all expenses, including a full-staff of 5 FT and 8 PT employees. Even better, the owner is willing to sell the 3 acre property for an additional $600K. It includes a house, guest house, greenhouse, and bakery-café. The owner successfully navigated through the worst of the pandemic and actually grew the business during that time. He is ready for his next chapter. Now is the time to make a purchase and take the business to the next level by expanding into dinner and breakfast, renting the structures on the property or expanding into wholesale production. We are seeking a serious and financially qualified buyer with at least $520K in liquid funds to cover the $400K down payment for the business and an additional 20% down payment for a mortgage on the building. Alternatively, the seller is willing to offer a lease with an option to buy the property in the near future. Proof of funds will be requested prior to meeting with the owner. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.