New
Gourmet Bakery and Cafe For Sale in New Orleans, Louisiana
Duran Advisors presents this unique opportunity to acquire an established gourmet bakery and café in the heart of a vibrant New Orleans neighborhood. The business specializes in artisan breads, pastries, specialty coffees, and more. It has been serving loyal customers for years and is situated in a bustling community with high foot traffic. Skilled staff are in place, ensuring a smooth transition for a new owner. The leased space is designed to support a full-scale bakery operation.
This bakery is ideal for a buyer looking to expand in the culinary or retail space or an entrepreneur seeking a turnkey operation in a high-demand market. Its excellent reputation and significant expansion potential offer a solid foundation with room for growth. The current owner is active in the daily operations but is ready to transition for personal reasons. They are willing to offer training and support to ensure a seamless handover.
The right buyer could put as little as 10% down and potentially earn their down payment back in months! Bank financing options are available to qualified buyers. A comprehensive 40+ page Confidential Information Memorandum (CIM) and Matterport Virtual Reality 3-D scan is available for review by fully disclosed buyers.
2023 Sales:$1,044,227 Sellers Discretionary Earnings:$252,002
Structured Sale™ Schedule:
11/29 Question Submission Deadline
12/06 LOI Submission Deadline
12/31 Due Diligence End & Close (time may be extended for financing)
Don’t miss this chance to own a thriving bakery in a prime New Orleans location. Meet the owner, experience the food, and see this turnkey operation! Contact Joel Duran, CM&AA, M&AMI, CM&AP, CEPA, CAIM, CMSBB, for more information. Please submit an inquiry or reach out directly at (504) 321-0196.
Listed By: Joel Duran, CM&AA, M&AMI, CM&AP, CEPA, CAIM, CMSBB
Background information
Reference:
NOLA-0089
Reason selling:
Retirement
Finance
Sales:
$1,044,227
Profits:
$252,002
Profit type:
Discretionary Earnings
Operations
Employees:
Full Time: 9 Part Time: 0
Inventory:
$258,057
Furniture fixtures and equipment:
$472,842
Premises
Facility:
The building is well-maintained and has excellent frontage.
Square footage:
~1856
Rent and lease terms:
$5,568 with two options of five years each
Location:
The bakery is located on a high-traffic street in a prime location.
Opportunities
Growth:
The bakery offers significant growth potential for a new owner willing to make strategic adjustments. Expanding the menu to include more breakfast and lunch items could attract a broader range of customers and enhance daily sales. Additionally, extending the business’s operating hours and opening on more days would allow the business to serve more patrons, tapping into demand that the current schedule may not capture. The bakery has ample opportunity for increased marketing efforts, particularly through consistent and targeted online campaigns that could boost brand visibility and customer engagement. Furthermore, optimizing costs by exploring alternative supply options could improve profit margins, making the business even more financially robust. Together, these strategies create a pathway for substantial revenue growth and a stronger market position.
Market:
The business operates within the bakery and café industry, which caters to consumers seeking artisanal baked goods, specialty coffees, and fresh food items. This industry is characterized by a focus on quality, locally sourced ingredients, and unique product offerings. Market trends indicate that consumers in urban and suburban areas increasingly favor establishments that provide an authentic, community-centered experience, like neighborhood bakeries. The bakery's location in New Orleans benefits from a loyal customer base and caters to professionals and families within this demographic. Seasonal items and holiday offerings further strengthen the business's appeal in this market.
Price and terms
Financing:
The business should qualify for SBA financing.
Training:
The current owner will fully train a new owner for the transition.