Business Overview:
Annualized Income to Owner $61,638 and trending up. 2011 Annualized Revenue $225,044. You can buy this business for $150,000. Part of a international franchise established in 1982, this bakery is known for its authentic European influence and quality healthy food made by hand daily with the freshest ingredients. Menu items include fresh baked breads, omelettes, dry pastries, sandwiches, cakes, beverages and more. Franchisor offers brand recognition, support, training and a turn-key operation with proven success. Attracting a broad customer base throughout the surrounding community the bakery is known for its friendly service and delicious delicacies that attract everyone. State-of-the-art baking equipment increases productivity and efficiency while producing exceptional quality products. This is a great opportunity for the right qualified buyer. The bakery has a good foundation that needs a full-time owner to expand and grow the business Call and discover a franchise model that creates a winning concept for consumers and owners alike.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets:
FF&E: value is approximately $2,000. A complete FF&E list is available for a qualified buyer who has signed a confidentiality non-disclosure agreement with Business Ventures of Tampa Bay Inc.
Lease:
The Bakery operates from a leased facility containing 1,500 sq. ft. in a centrally located shopping center in the Tampa Bay area. The bakery has been at this same location for 1 ½ years.
Base Rent: $2,588.24.
CAM: $301.87.
Taxes: $679.62.
Lease expires 1/31/2015 with two 5 year renewal options.
Deposit due at time of transfer and/or assumption: $5,000.
Owner responsible for equipment and A/C repairs.
Market Competition and Expansion:
The business operates with minimal advertising. Sales are generated through walk-in traffic.
Additional advertising in the local area could generate more sales increasing revenue.
The bakery could be expanded through catering for special and corporate events in the area, opening up an additional stream of income for a new owner.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: