Details - Information last confirmed on June 15, 2021
Our firm is pleased to offer an award-winning bakery and coffee shop for sale in Richmond, Virginia. The bakery offers scratch-baked pastries, breads, local coffee, and gourmet sandwiches. It has a strong social media presence and a loyal following in the community. Profits actually increased during the pandemic.
The Bakery Cafes industry has been one of the best performing industries of the broader food service sector over the five years to 2020. With both disposable income and consumer confidence on the rise for most of the period, bakery cafes have surged ahead, capitalizing on these shifting consumer preferences. Individuals crave the convenience of fast-food restaurants, but do not want to compromise on taste. Industry establishments focus on providing high-quality food with health-conscious options while still maintaining fast paced service. As a result, industry revenue has grown an annualized 1.9% to $11.1 billion over the five years to 2020.
Seller will provide support and training following the sale.
Learn More About This Listing
Sign up for a free basic membership to start buying and selling. Learn about our membership plans.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.