Business Overview

This is a bakery kitchen that is in such a great location, that is also sells coffee, to walk in customers. It’s primary purpose is to supply made from scratch, baked goods, to owners other coffee shop/café and their catering business. This can continue to do this or just be the great baking kitchen.

The location has major walk by traffic and in the middle of a great neighborhood. They have a street presence with amazing visibility.

The kitchen is set up perfectly for a bakery, with brand new equipment that is in excellent condition. There is a Large list of equipment that will allow you to expand the baking. Lots of tables, refrigeration, hood, storage, and mixers. You walk in this bakery kitchen- you know it makes great baked goods!!!

The size is right and the rent is low

Owner is selling because they thought they could do this on the “Side” to their main business. They couldn’t give it enough on site management

Owner is selling this kitchen as well as the Coffee/Café. You can buy one or both

This is a confidential sale- fill in the CA attached

Financial

  • Asking Price: $125,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2011

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,650
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1650 sq ft of pure baking kitchen with all the equipment you need

Purpose For Selling:

Owner has other interest

Pros and Cons:

Great Kitchen- No competition

Opportunities and Growth:

Grow it as much as you can by your products and marketing

Additional Info

The business was started in 2011, making the business 11 years old.

The property is leased by the business for $1,900 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people decide to sell companies. However, the genuine factor vs the one they say to you might be 2 absolutely different things. As an example, they might claim "I have way too many various commitments" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competition, current decrease in earnings, or a range of other reasons. This is why it is really crucial that you not depend entirely on a vendor's word, but rather, use the vendor's solution in conjunction with your general due diligence. This will paint an extra reasonable picture of the business's current situation.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Numerous companies borrow money with the purpose of covering things like inventory, payroll, accounts payable, etc. Bear in mind that occasionally this can mean that profit margins are too tight. Numerous businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that have to be fulfilled or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location draw in brand-new customers? Often times, businesses have repeat customers, which form the core of their daily earnings. Certain elements such as brand-new competition growing up around the location, road building and construction, and employee turn over can affect repeat customers and also negatively influence future profits. One vital point to consider is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the better the opportunity to develop a returning client base. A last idea is the general area demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the neighborhood mean home earnings impact future income potential?