Bakery,Breakfast Cafe,Coffee Shop,Apartment Rental

Not Disclosed, MN

Asking Price: Annual Revenue:
$380,000 $494,404

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bakery,Breakfast Cafe,Coffee Shop,Apartment Rental Broker: Pat Steffl

Quick Facts

Asking Price: $380,000
Annual Revenue: $494,404
Net Profit: Not Disclosed
Cash Flow: $117,366
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: $260,000
Year Established: 2012
Employees: 14
BBN Listing #: 23044955
Broker Reference #: 5101-15839

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Business Overview:

PROFITABLE and ESTABLISHED, TWO BUSINESSES UNDER 1 ROOF opportunity. The businesses are a well-established bakery, that serves breakfast and coffee with 2nd floor apartment rentals. The majority of revenue comes from the bakery. The business also delivers wholesale bakery items to 10 businesses in the region every week. There is a PASSIVE INCOME STREAM from the rental of 6 apartments on the 2nd floor. The bakery owner owns the building. This is a great owner-operator opportunity in a rural small town setting.

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Property Features and Assets:

Older building but renovated and is well-maintained. It is located in town on a major city road with good traffic. There is seating for 75 customers, traditional bakery glass pastry counter and a full kitchen equipped with modern appliances for baking and food prep needs. There are 5 apartments on the 2nd floor and there is currently ZERO VACANCY.

Market Competition and Expansion:

There is no competition in town and the business has regularly scheduled deliveries to other communities in the region each week. New owner could increase hours of operations, add lunch and dinner as well as increase marketing and advertising.

Reason for Selling:

Pursue a different opportunity.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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