Popular Bakery in Newport, Oregon***

NOT DISCLOSED, Oregon

Asking Price $275,000 Year Established 2021
Annual Revenue $270,724 Reason for Selling other interests  
Annual P/L $0 Attention Dan Walkowski
Annual Cash Flow $94,779 Listing Number 986635  
# of Employees 3 Business Category Food & Beverage: Coffee, Cafe, Dessert

Business Overview:

Here’s a wonderful opportunity to own a charming bakery and coffee house in a vibrant coastal tourist community. The bakery is famous for its delicious baked goods and antique decorations. Proud to be a true from-scratch bakery, its specialties are the famous cinnamon rolls topped with vanilla buttercream frosting, which people travel for hours for, alongside a variety of hand-rolled croissants, scones, brownies, cookies, and wood-roasted coffee. The cozy atmosphere and vintage decor enhance its charm, making it a popular spot for visitors looking for quality coffee, espresso drinks, delectable pastries, and a nostalgic shopping experience.
***Seller financing available to qualified buyers

Property Features and Assets:

<p>A 15-year-old beloved local restaurant renewed itself into a coastal bakery in 2021 under prior ownership. The current business owner has gone through a transformation over the last two years to be at the quality it is now regarding products and popularity.<br></p>

Market Competition and Expansion:

<p>A new owner could expand the hours and number of days the business is open. The menu can be expanded to offer more savory items and lunch items. The owners also recently started to expand their wholesale business to local hotels and special events. There's good opportunity to continue to expand in this area.<br></p><p>The business is located in an idyllic coastal town and the location is fabulous. The lively neighborhood has busy shops and restaurants offering different services and products. This bakery has a great reputation with high-rate organic online attraction, is a warm and inviting business with high-quality specialty baked items and is a very popular choice for locals and tourists alike.<br></p>

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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