Seller's Contact Information
- RE: Established Bakery & Café High Traffic Seattle
- Contact: OBecky Smith
Quick Facts
| Asking Price: | $179,000 | |
| Annual Revenue: | $517,238 | |
| Net Profit: | $60 | |
| Cash Flow: | $60,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 8,600 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 5 | |
| BBN Listing #: | 824951531 | |
| Broker Reference #: | SDBKSE |
Business Overview:
Fully equipped bakery and lite café. This is a cute bakery/café, with a cozy neighborhood feel to it. Located on a very high traffic street, with good foot traffic right outside this front door. This bakery provides the perfect finger food for all the busy bodies and sweet tooths in the neighborhood.
The kitchen here is a baker’s dream, a fully equipped baking kitchen with plenty of workspace and refrigeration. Current owner has been here for 7 years, so you know there is a long, sweet line of repeat customer base for you to keep catering too. Lots of repeat customers that keep coming here for their fixes. (Very happy atmosphere).
Has 2000 square feet so plenty of space to expand the profits, (Gross Annual Sales already are at $450K plus) but this sweet business lends itself well to making bigger bucks (dollars $$$) outside this store front. Currently, little to NO wholesale accounts are being served or pursued.
Think about it this kind of business lends itself so well to making money wholesaling. Bakery finger foods, cookies, muffins, French pastries, scones, etc…The wholesale market is almost endless, with an ocean of espresso stands, coffee shops, cafes that would all probably love to offer YOUR delicious treats on their menu…You can even offer these sweet finger foods to nonfranchise pizza places or burger shops as dessert options.
The great size here also lends itself well if new owner wanted to expand this business to a full-on restaurant. There is a hungry customer base is already chomping at the bits (means the customers are already here for you).
Another way to expand is to pursue the catering dollars, this fully equipped bakery and this location and you are only just minutes to much of Seattle. Think of all the office meetings and other catering events you could advertise for on your website and social media. All good mouthwatering expansion ideas to chew on. Currently NO delivery is even being offered, so there is cookies and scones being left on the table (that means sales being missed out on).
Yet another great value to top this business opportunity investment is the seller is willing to include their recipes. Many/most bakery owners do not share their recipes when they sell their bakeries. But here all you have to do is just put on the apron and U B making money from day 1.
Owner says his net take home pay is about $60,000 per year and he works about 35 hours a week here. With wholesaling, marketing, catering or advertising. Imagine how good the sales could be here, the potential here is real and tangible. If you like to bake then you owe it to yourself to pop in and check this out.
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Property Features and Assets:
Monthly lease with Triple Net is $6,400 this also covers the water and garbage costs for the month. Lease expires Feb 2023. 2000 square footage is the size. Fully equipped bakery with a seating capacity of 25 plus. Lots of refrigeration and storage space. No type 1 hood system but you can add one. Lots of free parking available.
Market Competition and Expansion:
Currently, little to NO wholesale accounts are being served or pursued. This kind of business lends itself so well to making money wholesaling. Bakery finger foods, cookies, muffins, French pastries, scones, etc…The wholesale market is almost endless, with an ocean of espresso stands, coffee shops, cafes that would all probably love to offer YOUR delicious treats on their menu…You can even offer these sweet finger foods to nonfranchise pizza places or burger shops as dessert options.
Reason for Selling:
Owner to pursue other interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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