Turnkey Bakery Coffee House for Sale in Hollywood

Price: $239,000

Location: Hollywood

Industry: Food and Beverage Stores

Listing ID: 42734563

Listing Status: New

Description

Very charming Bakery & Coffee House for sale in Broward County. Former Starbucks location (as of Oct 2020). Fully equipped & remodeled. A true turnkey business. Sits 15 people inside and another 10 outside on a pleasant outdoor patio.

Breakfast, lunch and light dinner offered featuring exquisite Scandinavian Pastries, traditional Danish sweet treats, freshly baked croissants plus assorted coffees and other beverages. Menu expanded in May 2021 to include puff pastries, empanadas, cookies & sandwiches. Hours of operation extended in May 2021 to 7:00 PM 7 days a week (used to be open until 3:00 PM).

May 2021 sales up 53% from April with June sales double that of April as a result of expanded menu, increased marketing & operating hours and adding beverages to delivery services. December 2021 sales were the best month ever! Owner very bullish on 2022 sales with the return of tourists & Canadians. Owner is also in the process of applying for a beer & wine license.

Customer reviews are exceptional!!! (4.6 out of 5.0). Delivery by UberEats, DoorDash, and GrubHub.

Motivated seller who is currently a semi-absentee owner. A qualified Manager is in place. Should qualify for an E2 visa.

LISTING DETAILS

Down Payment: $239,000

Total Sales: $444,000

Cash Flow: $107,400

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Operation

Year Established: 2016

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

Type of Location: Plaza

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LISTING OWNER