ATL GA High Traffic Baked Good Kiosk – Owner Earnings $60,000

  • $149,000
Atlanta, Georgia
  • 58254
  • Cash Flow
  • 197328
  • Gross Revenue
  • EBITDA
  • FF&E
For Sale

ATL GA High Traffic Baked Good Kiosk – Owner Earnings $60,000

Atlanta, Georgia
  • $149,000

Overview

Listing ID: 23608
  • 58254
  • Cash Flow
  • 197328
  • Gross Revenue
  • EBITDA
  • FF&E

Description

Profitable Bakery For Sale. Unique Opportunity to Own and Operate a Mall Based Kiosk / Outpost Selling Freshly Prepared Cookies, Pasties, Specialty Drinks and More.

Located in one of the most widely visited Shopping Malls in the Metro Atlanta Area. 2019 Revenue of $300,000 generated the absentee owner Over $50,000 in EBITDA. 2020 Results were temporarily impacted by Covid-19 resulting in reduced revenue and $32,000 in EBITDA. 2021 is off to a great start and tracking to meet or exceed 2019 results.

Don’t miss out on this unique opportunity to own your own Baked Goods and Specialty Drink Outpost / Kiosk in one of the state’s busiest shopping malls in Metro Atlanta. What makes this opportunity truly unique is that the brand has been around close to a decade and has a strong continuing presence in the baked goods and cookies arena. In fact, as part of the transaction, the Seller will continue to supply this site with fresh baked product at a below market rate keeping your cost of goods right around 30% at this Bakery for Sale.

Prior to Covid-19 outbreak, monthly sales were averaging $23-$27 thousand. The Mall Landlord provided the tenant with a reduced rent of only $5,000 per month and ids open to maintaining that rate for a new, long term lease to a qualified Buyer.

That means more money in your pocket. An owner operator should be easily able to replace one full time employee and generate over $75,000 per year in Owner Discretionary Earnings or $6,000 to $7,000 per month. The location and supply of products makes this Bakery for Sale offered by We Sell Restaurants as turn-key as it gets and as an owner operator, you should surely see new opportunities to increase revenue and profits.

Based on 2019 results, this Bakery for Sale would have been priced at around $200,000. But due to the temporary impact of the pandemic, the Owner has this priced to sell at only $149,000. Books and records available to qualified buyers.

  • Address Atlanta, GA, USA
  • City Atlanta
  • State/county Georgia
  • Country United States

Details

Updated on September 2, 2021 at 2:56 am
  • Listing ID: 23608
  • Price: $149,000
  • Business Type: Restaurants & Food
  • Listing Status: For Sale
  • Cash Flow: 58254
  • Gross Revenue: 197328
  • Year Established: 2012
  • Number of Employees: 5
  • Business Website: www.wesellrestaurants.com
  • Competition: This is the flagship store for our brand which started as local and since December of 2019 after the Macaron Queen Episode on The Profit CNBC we turned into a National Brand over night

Additional details

  • Growth & Expansion: No competition inside or outside the Mall Exclusive Macaron Boutique 2- Recognize as the best Macaron Venere of three year in the row voted best desert by inside magazine in Atlanta 3- not being in food court and have an exclusive space in the luxury
  • Building Sq. Ft: 200
  • Facilities: 2 Custom Display cases 1 chest freezer 1 Gelato Freezer 3 soft Drink coolers 1 working table 1 register with POS System 1 menus display TV 1 small side TV display 1 Commercial Nespresso Machine 1 small toaster oven 1 mixer for Ice Coffee 1 Tower display stand sitting area with 4 French bistro tables and 8 bistro chairs 3 cake stands 2 special holiday Display 2 multi tier Display Broom and disposable swifter floor cleaner
  • Real Estate: Leased

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