Turnkey Chicagoland Bread/Sandwich Shop

Business Overview:

A community staple since the early 1990s, this well-established bread/sandwich franchise shop known for its delicious, made from scratch baked goods and exceptional customer loyalty is ready for its next owner.

Key investment considerations:
* SBA lender pre-approved for qualified buyers.
* Turnkey operation with dedicated, trained staff in place makes this an ideal semi-absentee investment opportunity.
* Located in a shopping plaza with 2 dozen stores offering a variety of products/services (major grocery/automotive repair shops along with medical/pet/specialty food stores) with intersection cross traffic exceeding 20,000 cars per day.
* More than 50% of its guests are repeat customers with an average check of $20.
* Consistent financial performance - 2024annual revenues more than $720,000, adjusted cash flow in excess of $115,000,
*Steady growth in all financial metrics since 2020.
*Activities in community includes partnerships with schools and other businesses as well as local farmers markets.
* Favorable social media reviews.

Asking price excludes inventory, but note that rent includes common area maintenance charges, taxes, insurance and water.

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Property Features and Assets:

Monthly Rent: $10,500.00

Square Units (Foot, Meter): 2,444

Lease Expiration Date: September 30, 2026, 1:00:00 AM

Facilities: This business occupies a high-visibility corner unit in a charming local retail center near to a busy suburban downtown area. This well-kept shopping center with ample parking features national chains as well as local favorites.

FF&E Overview: Baking/sandwich making equipment that includes among other things ovens, mixers, meat slicers, prep tables. For the retail portion of the store, equipment includes among other things display cases and shelving.

FF&E General Condition: Excellent and well-maintained.

Market Competition and Expansion:

Competition:

According to Contrive Data Insights, continuing consumer preference for made from scratch breads and treats coupled with busier lifestyles, more two-earner households and rising per capita income will contribute to the North American bakery products market growing at 5.4% CAGR between 2023 – 2030.

Breads are the largest segment of the bakery goods market thanks to its affordability, availability and convenience. And with growing interest in bread’s nutritional value, the outlook for specialty breads, such as whole grains, high fiber or gluten-free breads is strong.

Bakers and bakery owners are optimistic for the future, continuing to invest in their business as reported in a March 2023 article on Baking Business.com.

Reason for Selling:

Additional Details:

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