NOT DISCLOSED, Wisconsin
| Asking Price |
$369,000 |
Year Established |
2015 |
|
| Annual Revenue |
$476,277 |
Reason for Selling |
Personal reasons |
|
| Annual P/L |
$0 |
Attention |
Aaron Johnson |
|
| Annual Cash Flow |
$75,179 |
Listing Number |
1012481 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Catering, Food Preparation |
|
Business Overview:
Established retail restaurant and bakery located on Main Street in a central Wisconsin community, offered as a complete package that includes the commercial real estate, all furniture, fixtures, and equipment, and inventory at cost. The business has generated roughly $475,000 to $527,000 in annual revenue with a loyal, decade-plus customer base, producing fresh-baked goods, donuts, cakes, and deli and catering items.The sale includes a fully equipped, turnkey commercial kitchen: convection oven, commercial mixers, multiple walk-in coolers and a walk-in freezer, refrigerated display, deli, and donut cases, prep equipment, and more. Recent improvements include a newer HVAC unit and roof work, with a grant-funded hood and Ansul fire suppression system, and additional renovations underway.Because the owned building is part of the offering, this is an ideal opportunity for an owner-operator or food entrepreneur to step into a complete operation and real estate at one price, free and clear of long-term debt at closing. Strong upside exists for a hands-on owner who can manage food and labor costs. Financials available to qualified buyers under an NDA.
Property Features and Assets:
<p><br>Single-story freestanding commercial building on Main Street in downtown Wisconsin community, owned by the seller and included in the sale. The building houses a full retail bakery storefront and a complete commercial kitchen, including a hood and Ansul fire suppression system, multiple walk-in coolers and a walk-in freezer, and ample baking and prep space. Recent improvements include a newer HVAC unit and roof. The property transfers free and clear of long-term debt at closing.<br></p>
Market Competition and Expansion:
<p>The business presents a clear turnaround and growth opportunity for a hands-on owner. Food cost as a percentage of sales has risen in recent years, leaving meaningful margin recovery available through menu pricing and purchasing discipline. Additional upside levers include tighter labor scheduling, expansion of the catering and deli lines already in place, extended hours or product offerings, and use of the grant-funded kitchen upgrades. With proven top-line revenue already established, an operator who improves cost control can materially improve the bottom line.<br><br>The bakery holds an established Main Street presence with strong name recognition in its local market and limited direct bakery competition in the immediate area. Competitive advantages include the owned real estate (removing landlord and lease risk), a complete commercial kitchen with a hood and fire suppression system and walk-in refrigeration, and a long-standing customer base. The fully equipped, in-place package allows a buyer to operate from day one without the time and capital required to build out a comparable facility.<br></p>
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity