Request More Information
Contact the Seller

RE:  Bakery Contact:  Armen Nazarian

Quick Facts

Asking Price: $64,500
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 1
BBN Listing #: 316852001
Broker Reference #: 0461

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

This is a great opportunity to own a well-established Bakery in Macomb County. Originally established in 2006, this 1,200 sq. ft. Bakery moved to its current location in 2016 and is located on a highly traveled road surrounded by plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and serviced/maintained regularly. Specializing in Cupcakes, Cookies, Doughnuts, Pastries and Specialty Cakes. All products are baked from scratch, hand decorated and packaged with love! Current owner does not advertise…a new owner/operator with some creative advertising/marketing along with adding breads, additional baked goods, adding corporate & wholesale accounts, school accounts, online ordering, catering/deliveries, and a website, you have HUGE potential! Health forces sale! Can also be used for a commercial kitchen for catering or any new food concept. A must see/must have Bakery with endless possibilities! Perfect for a starter bakery, second location or husband/wife team. Owner will entertain all reasonable offers!! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com
*Hours of operation by appointment only.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This is a great opportunity to own a well-established Bakery in Macomb County. Originally established in 2006, this 1,200 sq. ft. Bakery moved to its current location in 2016 and is located on a highly traveled road surrounded by plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and serviced/maintained regularly.

Reason for Selling:

Health

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

Relevant Links:

Request More Information
Contact the Seller


Here are some of the similar listings you can choose from

Asking Price: $150,000

Turnkey Cafe-Under Contract

Not Disclosed, MI
Not disclosed

In the heart of one of Lake Michigan's premiere resort towns you will find this must have opportunity that will feed your entrepreneurial soul. This turnkey cafe has all the ingredients needed to start a restaurant of your own. Over the past 7 years the owners have used this spectacular location to serve up delicious food and foster plenty of memories for the locals and visitors to this highly desirable destination town. The sellers who have put heart and soul into this space are eager to see someone cook up a new idea of their own; allowing them to pursue other creative endeavors. Conveniently located on main street with proximity to public parking, this leased restaurant space offers plenty of visibility as people peruse the shops of the downtown district. Two distinct seating areas share a commercial kitchen with well maintained equipment and multiple prep areas allowing for approximately 60 patrons to grab a bite to eat, socialize with friends, or host a private event. Outdoor seating allows for even more occupants to enjoy the beautiful weather and a delicious bite to eat. A buyer is set up for success with everything needed to bring their vision to life. Toast POS systems, Mantiwoc commercial ice maker, and an oven/griddle by Vulvan are just the beginning. There are prep stations on the main level as well as in the basement, which is health department certified for food prep and storage. A large walk in cooler and freezer along with separate reach-ins will keep your cold foods at the ideal temperature. Tables, chairs, smallwares, and cookware of course come bundled in with the price. Care and maintenance have been top of mind for these sellers creating long term value above and beyond the tangible items previously mentioned. Adding passthroughs so that there are ADA accessible restrooms and installing a firedoor put health and safety in top priority. Upgrading plumbing systems and paving around the exterior of the space have increased the usability inside and out. On top of that a buyer will benefit from recently commissioned architectural drawings of the restaurant space and these are to simply mention a few. Over the past four years the company has had average annual revenues exceeding $450,000 and boast a comfortable average annual SDE (SDE=Seller's Discretionary Earnings – the normalized cash flow available to pay an owner/operator and service debt) of over $135,000 for the same four year period. The sellers envision an asset sale attractively priced at $150,000. The buyer will receive “the whole shooting match” for this turnkey cafe. Buyers can assume the existing lease (currently at $4,137, finishing 2024 at $4,344). The lease has an option for a 5 year extension at $4,667/month.For more information on this value priced, must see listing opportunity please contact Ryan Johnson using reply to this ad button.

Cash Flow $135,000
Revenue $450,000

Asking Price: $399,000

Iconic Craft Ice Cream Company with Liquor License

Not Disclosed, MI
Kent County

It’s been a great 10 year run for the founder of this health conscious confectionary business located in a large and desirable West Michigan city. After years of building this successful company into a name brand entity the owner is now ready to assist a new buyer in the next phase of the business.This delicious opportunity offers a variety of revenue streams including retail, wholesale and catering. To ensure the highest product quality all ice cream recipes are made in house. The company offers several different “better for you” healthy choices including gluten free, dairy free and vegan. Flavors including alcohol are also available (the business comes with a full class C liquor license) and is served in floats, shots over ice cream, wine sorbet and the like. A trademark has been obtained for one recipe.In house retail sales represent the largest segment of business with wholesale and catering also contributing to the bottom line. Products are also shipped nationwide to an attractive list of loyal and recurring customers. The business operates out of an attractively appointed 3,125 square feet facility in a busy downtown area with significant foot traffic. Customers, coming from all over Michigan to taste the delicious confections, find ample parking always available. Three years remain on the current lease with extension options available. Rent on this ideally located space is competitive at 11% of revenues.Areas of opportunity include expanding the catering operations, increasing brand awareness and adding additional store fronts. The work force is loyal and long-term and includes a manager. Additionally, the seller has agreed to stay up to a one-year transition period. The sale includes all equipment, recipes and of course the class C liquor license.The business weathered the Covid storm in 2020 and even grew 4% in 2021 over 2019 levels. The company has an outstanding website that gives customers insight into the unique and tasty ice cream products offered. Over the past three years the company has had average annual revenues of $600,000 which resulted in an average annual SDE (SDE=Sellers Discretionary Earnings – the normalized cash flow available to pay an owner/operator and service debt) of $120,000 over the same three-year period.With a favorable SDE multiple of 3.3x, the business is attractively priced at $399,000. The seller envisions an asset sale in which he retains cash and A/R while retiring all liabilities. For a qualified buyer the seller will carry a meaningful note.A typical deal for the purchase of the business looks great with $40,000 (10% of purchase price) buyer cash, a matching $40,000 seller note, and the balance financed by an SBA term loan. Total annual debt service will be approximately $53,000 which would have resulted in a post-debt discretionary cash flow for the buyer of $65,000 in 2021/2022.If you are searching for a successful cash-flowing business priced under $400,000 with significant barriers to entry and located in a growing and desirable region of West Michigan, this business represents an exceptional opportunity. For more information, please contact Steve Huntley. Please use reply to this ad button to contact us.

Cash Flow $120,000
Revenue $600,000
$ Owner Financing Available

Asking Price: $149,900

Rolled Ice Cream & Bubble Tea Shop

Not Disclosed, MI
Oakland County

This is a great opportunity to own a unique “Rolled” Ice Cream Parlor with Bubble Tea in Oakland County. Established 2019, this business is situated in one of Oakland Counties finest downtown districts surrounded by plenty of residential and commercial properties along with a student college. Still in its growth stage, this unique business concept has endless possibilities within the downtown district summertime foot traffic, surrounding businesses, and outdoor festivals. All equipment was purchased new in 2019 and is in excellent condition and maintained regularly. Because of the distinctive freezing technique, the created ice cream is creamy and smooth by balancing the size of ice crystals and air in the ice cream that can result in a slightly denser texture and a more intense flavor. You can customize your order with mix-in ingredients, such as fresh fruits or your favorite candy bar. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a website, phoneline to take orders, adding coffee, hot foods, crepes, hot desserts, catering, offering customer appreciation cards, opening with earlier hours, promotional ice cream cart and social media advertising, you have HUGE potential to this great concept. Owner just added Door Dash for additional sales. A turn-key operation only needing a new owner/operator! A must see/must have business that will not disappoint! Buy now for upcoming busy season! Contact Armen Nazarian using reply to this ad button.

Cash Flow $50,000
Revenue $225,000
$ Owner Financing Available

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

    Add Businesses and/or Franchises
    To Basket For Free Information

    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.