SOLD
Price: $2,000,000
Gross Revenue: $1,900,000
EBITDA: $423,000
SDE: N/A
Real Estate: $400,000 (Included in Price)
Years in Business: 23
Transition: Sellers will provide
Owner Financing: N/A
SBA Eligible: Yes
This Bakery & Cafe has more than a 20 year history of profitability in an excellent location. The atmosphere is warm and inviting, with an excellent menu including freshly baked European breads, croissants, and pastries – plus soups, salads and sandwiches. The business is open daily for breakfast through early dinner. The business is consistently profitable, even through COVID.
- Location: Cuyahoga County, OH
- Real Estate: Owned (Included in asking price)
- Employees: 30
- Facilities: The business is being sold on a turnkey basis with the real estate, all fixtures and equipment included in the sale price. The bakery & cafe is exceptional, with a quick-serve counter, inside seating for about 50 and outdoor street seating for 20 and a patio that can seat 30.
- Growth & Expansion: There are many opportunities to grow this business profitably, including opening more locations, extending hours, focusing on catering opportunities and more.
- Reason for Selling: After 20+ years of profitable operations, the owners are retiring.
Contact Your Hanna Business Advisor:
Jim Myers
216.314.6159
JimMyers@HannaBB.com