Bakery/Lounge/Event Space
Business Description
ESTABLISHED BAKERY, LOUNGE & EVENT SPACE - OPELIKA, AL
This turnkey bakery and event venue presents an exceptional opportunity in the heart of Opelika, Alabama. Established in 2023, this dual-concept business combines a thriving pastry and coffee shop with a versatile upstairs event space, generating $120,000 in annual revenue.
BUSINESS OVERVIEW:
The ground floor operates as a beautiful pastry and coffee/tea shop featuring high foot traffic and dedicated staff. The business maintains strong relationships with the local university and holds licensing rights to produce university-branded products for sales. The renovated upstairs space serves as a lounge and event venue, with potential for bar operations with proper liquor licensing.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $120,000
- Asking Price: $25,000
- FF&E Value: $20,000
- Inventory: $5,000 (included)
- Monthly Lease: $3,000
- Building Size: 2,000 sq ft
- Lease Term: Through April 2029
OPERATIONS:
Currently operated as an absentee-owned business with 6 dedicated employees. The established customer base includes both walk-in retail customers and catering/vendor clients. Quick pickup and turnover operations ensure efficient service delivery.
GROWTH POTENTIAL:
Significant expansion opportunities exist through increased catering services and vendor partnerships. The business shows potential to outgrow current space with continued development of these revenue streams.
FINANCING & SUPPORT:
Seller financing available with 50% down payment. Comprehensive training package includes full recipe instruction, decorating classes, two weeks of dedicated in-house training, plus six weeks of ongoing telephone and email support.
This established operation offers immediate cash flow with substantial growth potential in a prime location with university connections and dual revenue streams.
This turnkey bakery and event venue presents an exceptional opportunity in the heart of Opelika, Alabama. Established in 2023, this dual-concept business combines a thriving pastry and coffee shop with a versatile upstairs event space, generating $120,000 in annual revenue.
BUSINESS OVERVIEW:
The ground floor operates as a beautiful pastry and coffee/tea shop featuring high foot traffic and dedicated staff. The business maintains strong relationships with the local university and holds licensing rights to produce university-branded products for sales. The renovated upstairs space serves as a lounge and event venue, with potential for bar operations with proper liquor licensing.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $120,000
- Asking Price: $25,000
- FF&E Value: $20,000
- Inventory: $5,000 (included)
- Monthly Lease: $3,000
- Building Size: 2,000 sq ft
- Lease Term: Through April 2029
OPERATIONS:
Currently operated as an absentee-owned business with 6 dedicated employees. The established customer base includes both walk-in retail customers and catering/vendor clients. Quick pickup and turnover operations ensure efficient service delivery.
GROWTH POTENTIAL:
Significant expansion opportunities exist through increased catering services and vendor partnerships. The business shows potential to outgrow current space with continued development of these revenue streams.
FINANCING & SUPPORT:
Seller financing available with 50% down payment. Comprehensive training package includes full recipe instruction, decorating classes, two weeks of dedicated in-house training, plus six weeks of ongoing telephone and email support.
This established operation offers immediate cash flow with substantial growth potential in a prime location with university connections and dual revenue streams.
About the Business
- Years in Operation
- 3
- Employees
- 2 Part-time
- Facilities & Assets
- All equipment, furnishings, name and social media accounts included.
- Market Outlook / Competition
- Small walk up with quick pick up and turn overs
- Opportunities for Growth
- Could outgrow the space if you continue to build the catering and vendor orders.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $3,000.00 per month
- Lease Expiration
- 4/1/2029
About the Sale
- Seller Motivation
- Moving out of state.
- Transition Support
- Full training on all recipes and decorating classes can be utilized. Owner offers 2 weeks dedicated in house help and training with 6 weeks of telephone/email questions answered.
- Financing Options
- We can offer financing with 50% down payment
Listing Info
- ID
- 2315678
- Listing Views
- 1806
Attached DocumentsAttachment Disclaimer
Boulangerie_French_Bakery_SalesDashboard_2024_06_30_2024_12_30.xlsx
Listing ID: 2315678 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.
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