Newly Remodeled Bakery Restaurant

Farmington, NM
San Juan County


Asking Price: Annual Revenue:
$99,500 $548,269

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Newly Remodeled Bakery Restaurant Broker: Charlie Cole

Quick Facts

Asking Price: $99,500
Annual Revenue: $548,269
Net Profit: Not Disclosed
Cash Flow: $13,733
Total Debt: Not Disclosed
FF&E: $140,615
Real Estate: Not Disclosed
Year Established: 2011
Employees: 12
BBN Listing #: 35957003
Broker Reference #: 1482-86

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Business Overview:

Unique opportunity to own a bakery restaurant serving a variety of breakfast items including a full line of hot and cold sandwiches, soups, salads, coffees, goodies and breads. The facility was remodeled late in 2017 which almost doubled the square footage allowing for additional equipment to expand the offering to include hot sandwiches, espressos and a conventional oven for hard crusted bread. Now profitable after only a couple of years of ownership, the systems and assets are in place to accommodate growth. Rent is currently $4,500 per month and the facility has seating for 45 inside and 30 outside. Staffing requirements are about 12 part-time employees with the holidays requiring a few more. This business can be owned as a Franchise with Great Harvest Bread Company or with your own name and recipes in a clean, modern and highly visible facility.

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Property Features and Assets:

Rent is currently $4,500 per month and the business is responsible for everything inside the doors. The landlord is responsible for everything exterior including heating and cooling units. There are 45+ seats inside and about 30 more seats outside. Recent remodel was over $400,000.

Reason for Selling:

Family

Additional Details:

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

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