Business Overview

Immaculate and unique bake shop in West Marin offers the highest quality, artisan sourdough breads and baked goods in a beautiful setting and a well-equipped premise. Bake Shop has seen an increase in gross sales year over year with 2021 on track to surpass 2020.

The business is passionately committed to sustainable practices and pays employees a living wage, generates little to no waste, sources food locally and donates to the surrounding community.

Additional Details:

-Main Building features the café, commercial kitchen on main floor with two admin offices, dry storage and bathroom is 1,930 sqft (approx.) with a 525 sqft (approx.) Bakehouse. Fully landscaped garden in the back area has outside seating.

– Owner is also selling the real property for $1.35M and offers from Buyers interested in purchasing both the real property and the business will be considered first.

-Equipment includes a 4’-0” (approx.) Type-2 hood; Lang convection oven; Empire dough sheeter; several reach-in refrigerators and freezers; Walk-in proofer; ice machine; 2-Group La Marzocco Espresso Machine; 3-compartment sink; prep sink; mop sink; handsink; dumpsink; and much more.

-Established in October 2000, the Bake Shop and Cafe is currently open at the brick-and-mortar location 4 days a week Thursday-Friday from 8:00 am-2:00pm and Saturday-Sunday 8:00am-4:00pm. Additionally, the Bakery occupies stalls at 3 very popular Marin County Farmer’s market Thursday-Sunday.

-Owner works 40 hours each/week (approx.) with 13 part-time and 6 full-time employees

-Inventory valued between $5,000-$8,000 (approx.) is not included in the purchase price and may be available for buyer to purchase at wholesale cost.

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete, training & consulting, Brand including the DBA, recipes, leasehold interest, leasehold improvements, and goodwill. Some personal items are excluded.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information

Financial

  • Asking Price: $450,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

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

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell businesses. Nevertheless, the true factor and the one they tell you may be 2 totally different things. For instance, they might claim "I have way too many various obligations" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these may just be reasons to attempt to hide the reality of changing demographics, increased competitors, current decrease in profits, or an array of other reasons. This is why it is extremely crucial that you not depend totally on a vendor's word, however instead, utilize the vendor's answer along with your general due diligence. This will paint a more realistic image of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Many operating businesses take out loans with the purpose of covering items like supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that revenue margins are too small. Lots of companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in new customers? Many times, businesses have repeat clients, which form the core of their everyday earnings. Specific factors such as brand-new competition growing up around the area, roadway building, and personnel turn over can affect repeat clients and also negatively impact future profits. One essential point to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the greater the chance to construct a returning customer base. A final thought is the general location demographics. Is the business situated in a densely populated city, or is it located on the outside border of town? Just how might the regional typical house income effect future revenue potential?