Bakery in High Point with Seller Financing

High Pnt, NC
Guilford County

Asking Price: Annual Revenue:
$60,000 $124,516

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Bakery in High Point with Seller Financing Broker: Joe Santora
Owner Financing is Available!

Quick Facts

Asking Price: $60,000
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

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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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