Seller's Contact Information
- RE: Bakery In High Point With Seller Financing
- Contact: Joe Santora
Quick Facts
Asking Price: | $55,000 | |
Annual Revenue: | $124,516 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $35,666 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 2 | |
BBN Listing #: | 340551612 | |
Broker Reference #: | 76761-744792 |
Business Overview:
Excellent Reputation Bakery in High Point with Seller Financing
Bakery in High Point, North Carolina with an excellent reputation.
Covid survivor. The only one direct competitor closed their doors.
Good location with plenty of parking.
Over $140,000 in leasehold improvements in the past 3 years
Bakery has a grease trap
2019 SDE $35,666
PRICE AND DOWN PAYMENT JUST REDUCED FOR QUICK SALE. Seller will accept a cash offer of $55,000 or a seller financed offer of $80,000 with only $20,000 down and $60,000 over 120 months @7.5% with a payment of principal and interest of $712.21
Only one direct competitor on the other side of town
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Reason for Selling:
Full time job
Additional 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
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