Bakery With Over 9 Million In Revenue
Grimes, IA Polk County
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- RE: Bakery With Over 9 Million In Revenue
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $2,900,000 | |
| Annual Revenue: | $9,134,230 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $736,453 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 132 | |
| BBN Listing #: | 991465 | |
| Broker Reference #: | RST016-F |
Business Overview:
The business employs 132 dedicated staff members across both locations. This team includes a Director of Operations who ensures consistency across all aspects of the business; Shift Leads responsible for managing teams during peak hours; Line Cooks, Cashiers, Bakery Associates, and food service staff. The two locations are strategically situated within the Des Moines area, these offerings include dine-in options for those who wish to enjoy their meals on-site, takeout for customers in a hurry, drive-through for added convenience, baked goods for sale both on-site and online, and events catering for various occasions with event space in house. Priced at $2,900,000, a 10% down payment of $290,000 returns $283,190 in the first year after debt payments! Growth opportunities include incorporating additional locations into its portfolio or franchising its successful brand throughout other markets in Iowa or beyond.
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Property Features and Assets:
Assets Included in Purchase: $958,628
Market Competition and Expansion:
Growth Opportunities: Add a liquor license
Reason for Selling:
FamilyAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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