Popular Breakfast-Lunch Restaurant & Bakery

Not Disclosed, ID
Ada County

Ada County

Asking Price: Annual Revenue:
$625,000 $1,455,001

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Breakfast-Lunch Restaurant & Bakery Broker: Sheila Spangler
Owner Financing is Available!
$125,000 down/$500,000 over 120 months @ 8%.

Quick Facts

Asking Price: $625,000
Annual Revenue: $1,455,001
Net Profit: Not Disclosed
Cash Flow: $178,201
Total Debt: Not Disclosed
FF&E: $60,257
Real Estate: Not Disclosed
Year Established: 2000
Employees: 45
BBN Listing #: 8264955
Broker Reference #: 8302-15567

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Business Overview:

Since 2000, this independent locally owned restaurant has been the locals go to place for big breakfasts, specialty fair trade coffee and famous baked goods made in house. A must-stop for visitors to the Treasure Valley and bustling with lines of locals, college students and generations of loyal customers. Serving over 89,000 breakfasts this year and counting, this business has been the anchor and cornerstone of a hip, bustling, up-and-coming downtown neighborhood that is surrounded by quality businesses, modern housing developments and new hotels.

An individual who is experienced in restaurant management, food service, hospitality industry or related complementary customer-centric businesses is an ideal candidate to purchase this business. Additionally, prior management/supervisory experience and a general business background would very helpful.

If you have management experience and 20% of the purchase price in cash (or in your IRA or 401k)* for a down payment, this business could be yours. The seller is willing to provide financing. *Note: There is no need to withdraw any funds from your IRA or 401k to purchase a business. There are special financing programs available that allow your use of retirement funds without taking a taxable distribution. Please contact the Business Intermediary listed in this document for a personal introduction to these resources.

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Property Features and Assets:

The business operates in approximately 2,250 square feet of retail space in a building owned by by the seller. The building is not for sale. A new lease will be executed. The following terms are anticipated: $18.00 per square foot plus triple net charges which include taxes and insurance. Assets = $122,015

Market Competition and Expansion:

The company’s quality, value and authenticity has created strong relationships with employees, customers and neighbors. The company’s early and continued success is based on word-of-mouth advertising. Generally, the only complaints from customers are that portions are too big. The company has a stable customer base with consistent cash flow. According to First Research, this industry is projected to grow at an annual compounded rate of 5% from 2019 to 2023.

Reason for Selling:

Owner is ready to retire.

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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