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- RE: Fully Equipped Bakery Xtra Low Lease
- Contact: David Smith
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | $1 | |
Cash Flow: | $1 | |
Total Debt: | Not Disclosed | |
FF&E: | $7,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 4 | |
BBN Listing #: | 991591 | |
Broker Reference #: | SHABKMV |
Business Overview:
Give away price on a fully equipped bakery with a sweet monthly lease that’s just a pinch over a thousand dollars a month. (at only $1,111) So this is a great recipe for success, most leases out there are not this tasty. (means tenant friendly).
This bakery is over 9 years established. Size is 1,760 square footage big, with many, much storage space, both dry and refrigerated.
Has a loft area for more storage or a small office. There is even a conference room provided by the landlord that you have free access to. It seats 12 people and is great for meetings. Currently this bakery is mostly Grab N Go style and servicing wholesale accounts.
This downtown location has impressive value too, as it is close to many government offices, businesses, locals, tourists, and parades & festivals are literally just a few feet away from this front door. And you got the perfect finger food for all the busybodies and sweet tooths in the neighborhood.
This location also puts you in well within reach of many wholesale & catering accounts as there are many ways to make solid money here.
This has a small-town friendly feel and appeal. There is a courtyard out front which enhances this peaceful setting, it blocks off the auto traffic while giving a sort of European café flare. Just about the whole town knows a bakery is here.
Currently this bakery has shifted its focus away from retailing. So if a new owner wanted to start BAKING this MONEY-MAKING endeavor again there is a demand for it. Business name is not included in the purchase price.
If you know your way around a bakery this price and the incredible low lease means you can have your cake and eat it too. These ovens are hot give us a contact.
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Property Features and Assets:
Monthly lease is $1,111with triple net included. The size is 1,760 SQ FT. Current lease expires at the end of 2025, but there is an option to extend. The landlord is good reasonable people to work with. Lots of storage, both dry and refrigerated. Has free access to a conference room for private meetings. There is a type 2 hood system in place, all equipment is owned and included in purchase price. Lots of free street parking.
Market Competition and Expansion:
With this fully equipped bakery, there are lots of ways to expand the sales from offering wedding cakes, gift baskets, you can even offer baking classes, and of course, there is a whole ocean of wholesaling outside this bakery’s front door. There is room nearby for a food truck or two, so the new owner could use this setup for a commissary kitchen. With the owner operator in place on a daily basis and making a push for the retail sales, you can see, smell, and taste the expansion. Very limited competition.
Reason for Selling:
Seller wants to downsizeAdditional 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:
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