STEVENSVILLE, Michigan
| Asking Price |
$200,000 |
Year Established |
1989 |
|
| Annual Revenue |
$455,800 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Chris Hays |
|
| Annual Cash Flow |
$81,287 |
Listing Number |
1017005 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Well-established, family-owned retail bakery in continuous operation for 37 years under the same ownership. Known locally for a signature scratch-made specialty cake plus a full line of custom and wedding cakes, pies, pastries, and cookies. Per ownership, the business is one of the top two bakeries in its trade area with an estimated 50% local market share. Multiple clear, low-cost growth opportunities exist (online ordering, delivery, catering, digital marketing) that current ownership has not pursued
Property Features and Assets:
approximately 3,000 square feet, combining retail counter space with a commercial bakery production kitchen. The lease is month-to-month at approximately $3,360/month including CAM, with landlord Michael Tsang. Per ownership, the facility is currently at 100% utilization with no room to expand within the existing footprint — a factor worth flagging to prospective buyers thinking about growth, since scaling production would likely require a second location rather than expanding in place.
Market Competition and Expansion:
Estimated 50% local market share — a top-two bakery in its trade area
Additional 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