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Business For Sale
BAKERY - DELI - COFFEE SHOP
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Asking Price: |
$395,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Producers, Bakery, Farms
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Reason for Selling:
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Retirement |
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Year Established:
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1922 |
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# of Employees:
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10 FT 5 PT |
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Yearly Gross Income:
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$516,000 |
Business for Sale Overview:
This is an Award winning bakery that has been established for 85 years. No bakery competition within 30 miles. Owner of past 25 years wishes to retire. Excellent opportunity to own a well established business with tremendous upside potential with ambitious owner/operator.
Property Features and Assets:
Busy county seat town just 30 minutes north of St. Cloud. Across the street from the courthouse and law enforcement center on high traffic roadway. Older 2 story building in good repair with full basement and offices above. Three offices are leased at $547 per month total. Building is on the Historical Registry and grant money is available for improvements. Very unique building with ornate tin ceilings.
Market Competition and Expansion:
No local competition.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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