Bakery & Cafe Located In An Extremely High Tourism Spot SC2193

Asking Price$349,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$7,500
Included in asking price
FF&E$120,000
Included in asking price
Bakery Image SC2193Save

Bakery & Cafe Located In An Extremely High Tourism Spot SC2193


Asking Price$349,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$7,500
Included in asking price
FF&E$120,000
Included in asking price
Business Description
Profitable & Incredible Bakery & Cafe Located In A High Tourism Spot SC2193
Incredible Bakery and Cafe Located In An Extremely High Tourism Spot - SC2193

Financial Information
Asking Price: $349,000
Cash Flow: $120,000
Gross Revenue: $1,200,000
Down Payment: $349,000

This Northern California based Bakery and Cafe is a California Limited Liability Company that has been in operation for the past 7 years under current ownership. Located in an extremely popular tourist location in Northern California, in the downtown central district, they are known for their incredible array of baked goods made from scratch. They recently have expanded their space and now offer a kitchen café serving breakfast all day as well as brunch fair and sandwiches, salads and shareables. Known in the community and well established and centered in the tourist district in a beautiful Northern California destination location, this business is ready for growth and expansion under a new owner! The business does have a Type 41 (Beer and Wine) ABC Liquor License that stays with the lease.

Business Location
City: Northern California
State: California

Reason for Sale
The reason for selling is the Seller would like to pursue other interests.

Detailed information
Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 6
Part-Time Employees: 14
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $7,500
Monthly Rent: $10,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2300
FF&E Included?: Yes
FF&E Value: $120,000

Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Market Outlook/Competition
The North American bakery product market witnessed significant growth in the past and is expected to grow at a CAGR of about 4.4 % during the forecast period (2023-2032). The market size was valued at $234.5 Billion in 2022. The driver of the growth is consumer preferences, urbanization and the fast pace of modern life.



CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
About the Business
Years in Operation
9
Number of Employees
20
Facilities & Assets
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2300
FF&E Included?: Yes
FF&E Value: $120,000
Website
https://www.sunbeltnetwork.com/sacramento-ca/buy-a-business/listings/listing-det
Market Outlook / Competition
The North American bakery product market witnessed significant growth in the past and is expected to grow at a CAGR of about 4.4 % during the forecast period (2023-2032). The market size was valued at $234.5 Billion in 2022. The driver of the growth is consumer preferences, urbanization and the fast pace of modern life.
Opportunities for Growth
They recently have expanded their space and now offer a kitchen café serving breakfast all day as well as brunch fair and sandwiches, salads and shareables. Known in the community and well established and centered in the tourist district in a beautiful Northern California destination location, this business is ready for growth and expansion under a new owner! The business does have a Type 41 (Beer and Wine) ABC Liquor License that stays with the lease.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,300
Rent
$10,400.00 per month
About the Sale
Seller Motivation
The reason for selling is the Seller would like to pursue other interests.
Transition Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Financing Options
Seller financing is not available at this time.
Listing Info
ID
2268867
Listing Views
2641

Contact Seller

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Business Listed by: Brett Sargent Sunbelt of Sacramento

Listing ID: 2268867 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.