Business Overview:
Bakery in High Point, North Carolina with an excellent reputation.
Several bakeries in High Point, but only one direct competitor and they are on the other side of town
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 just reduced. Seller will accept a cash offer of $60,000 or a seller financed offer of $90,000 with $30,000 down and $60,000 over 120 months @7.5% with a payment of principal and interest of $712.21
Expansion of hours, expansion of classes, marketing, advertising, social media
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 a homebased business opportunity.
- This is not a franchise resale opportunity.
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