We are pleased to present an outstanding opportunity to acquire a thriving Ethiopian bakery business. This bakery, which specializes in baking traditional Ethiopian bread (injera), operates under both bakery and carry-out licenses and boasts a substantial customer base and impressive financial performance.CASH FLOW FOR FIVE MONTH $90,000.00Business Details:Type of Business: Ethiopian BakerySize: 1,500 sq ftLicenses: Bakery and Carry-OutLocation: DMV areaFinancial Highlights:Net Profit (Jan 2024 - May 2024): $85,000 (after all expenses, including rent)Rent: $4,500 per month (includes water)Average Electric Bill: $2,000 per monthKey Attributes:High Demand: The significant electric bill reflects the high volume of injera production.Customer Base: The bakery delivers to approximately 50 stores and restaurants in the DMV area.Workforce: The business employs 11 dedicated staff members.Profitability: This business is a proven cash cow, with robust profits and a solid operational foundation.Why Invest?This Ethiopian bakery offers an exceptional return on investment and a solid income stream. With established distribution channels and a strong market presence, it represents a unique opportunity for the right buyer to step into a profitable and well-established business. The current net profit of $85,000 in just five months is a testament to the business's potential for continued success.Seize this opportunity to own and operate a flourishing bakery business in a niche market. Contact us today to learn more and arrange a viewing.
Listed by:
Summer Realtors Inc
Source:
BRIGHT MLS
Date | Days Ago | Event | New Price |
---|---|---|---|
Aug 10, 2024 | 28 days ago | Price decreased10,000 (4%) | $265,000 |
Jul 19, 2024 | 2 mos ago | New on market | $275,000 |