Combination Bakery/ Bed and Breakfast

Laurel, MS
Jones County

Metro Area

Asking Price: Annual Revenue:
$1,200,000 $446,000

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Combination Bakery/ Bed and Breakfast Broker: Randy Shurbet
Owner Financing is Available!
Owner would consider lease purchase with 30% down payment.

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $446,000
Net Profit: $100,000
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $110,000
Real Estate: $1,350,000
Year Established: 2017
Employees: 10
BBN Listing #: 11854399
Broker Reference #: Not Disclosed

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Business Overview:

Refurbished historical building with a Bakery and "Ole Thyme" Ice cream parlor on bottom floor and a four room Bed and Breakfast on the top floor. Business is located on a busy and popular street in the downtown area of a small Southern city with lots of charm.. This elegant bakery specializes in all delectable baked goods and the store is one of the most popular locations for tourists, holidays. special occasions, or just to satisfy a sweet tooth. The Bed and Breakfast upstairs is furnished with historical relics from the area as well as from the owners family. This beautiful Bed and Breakfast is a Mississippi favorite and stays booked the entire year for tourists and visitors on holidays. The business has been featured on local as well as national HGTV channel. Due to family issues, the owner must sell the business and is open to all offers.

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Property Features and Assets:

The building was built in 1923 and refurbished in 2016 by the popular HGTV "Hometown" team of Ben and Erin Napier. The building has increased in value over 3 times the original cost of the building and improvements. The HVAC and all equipment in the Bakery are only 4 years old and the structure is sound. The original brick in the building was maintained and is a beautiful asset of the building and original fireplaces.

Market Competition and Expansion:

The major competition in the rea is from local supermarket bakeries and there are only two other Bed and Breakfast in the area. The growth potential of the Bakery is off the charts with the addition of catering for weddings and special events. The addition of gourmet coffees would also add to the increase of business. The Bed and Breakfast maintains a high 70% occupancy rate but with additional advertising and promotions could achieve a 100% annual occupancy.

Reason for Selling:

Family Reasons.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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