BAKERY, CAFE, GROCERY AND DELI

Price: $1,250,000

Location: ARLINGTON, VA

Industry: RETAIL / A902

Listing Description

The business is operated as a Sub-chapter “S” Corporation, and was started from the beginning of its existence by Wolfgang Buchler, later along with his wife, Carla.  In brief, the bakery is a retail, full line pastry shop and delicatessen with a German influence.  Family owned and operated since the beginning in 1975.  The operations began in a smaller space located in a strip mall not far from the current location of the bakery.  In 1988 the operations moved into the current location and added the deli section and also German grocery items to encourage one stop shopping and diversify the products to encourage customer visits throughout the day, not just in the morning hours.  Seating and cafe tables were added to allow customers the space and comfort to enjoy their purchases of baked goods, sandwiches and beverages.  On Saturdays from May through October, the parking area in front of the store is used for a cart to serve fresh wursts, sauerkraut, potato salad, pretzels, apple strudel and other similar items.  Throughout the year, the bakery celebrates the seasons with special foods that complement the particular holiday or theme.

Listing Details

Asking Price: $1,250,000

Gross Income: 2,677,188

Cash Flow: $334,793

FFE: TBD

Inventory: $200,000 (Included in Price)

Reason For Sale:RETIREMENT

Operation

Year Established: 1975

Days & Hours of Operation: Closed Mondays, Tuesday thru Friday 630am to 630pm, Saturday 8am to 5pm, Sunday 8am to 1pm

Employees: 12/FT Production, 12/FT Retail, 18 to 28/PT

Location

General Location: Arlington, VA

Monthly Rent: $18,900

Square Footage: 6,480