Franchise Bakery for Sale in Charlotte - Owner Benefit Over $85,000!

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Don't Miss Out on this Opportunity!
Asking Price:
$269,000

Gross Revenue:
$577,710
Cash Flow:
$85,225
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Flourishing Franchise Bakery for Sale is bringing the dough to the bottom line!. Seller is ready to retire and hand this established bakery off to a new owner who is ready to take to another level. Seller only working 15 to 20 hours a week. Running like a well oiled machine!!!
A franchise bakery for sale such as this one is truly a unique find. This location has been established amongst the locals and surrounded by a community that is booming with expansion. They first opened their doors in 2008 and have been expanding throughout the Charlotte market ever since. Yearly revenues have hit as high as $680,000 per year with the several avenues of revenue stream it produces.
Not only is this bakery for sale serving the community, but with its delivery team, it is bringing orders small and large throughout the entire market. Bread, Sweets, Rolls, Baguettes, Buns, Scones and much, much more. They are serving up many different bakery needs for near and far. The delivery market reach alone goes many miles throughout the Charlotte market that has a protective zone, and plenty of room for growth. Vendors are lining up to acquire the variety of quality products this bakery for sale produces. With the right expansion plan, the delivery business can easily double in revenue. The delivery portion of this business is a vastly untapped market.
Right now the current owner is experiencing a very healthy owner benefit of over $85,000 per year and growing. The square footage is a very doable 1568 with an all in rent of $4062.04 per month for this incredible bakery for sale. Options are available with this lease once acquired. Over ten years old in its footprint and the area surrounding is seeing a major boom in recent years. With a big expansion in the market more homes, offices, and businesses are rapidly being built to supply the demand.
Within a three-mile radius, there is a population of over 38,000 people. In a five mile radius there is a population of over 100,000 people ready to buy plenty of baked goods at this bakery. This location is also perfectly located on an end cap space of the shopping center with plenty of parking and visibility. Over 29,000 cars a day drive past this easy to see storefront location.
If you're looking for a successful franchise with plenty of room to expand, look no further. This bakery is screaming growth potential. Get in early and get your offers ready!!

About the Business

Location:
Charlotte, North Carolina
Year Established:
2008
Number of Employees:
21
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,568
Rent:
$4,139.52 Per Month
Lease Expiration:
5/31/2022
Facilities:
1 Stone Hearth Oven 1 80 Q mixer 1 Water meter 2 Storage sheds 1 small storage unit 1 walk in cooler is a Fixture 1 upright small cooler 1 chest freezer 8 shelving unit 9 speed racks 5 proofing racks 6 dunnage racks 1 mixing bench 1 three compartment sink 1 Berkel Slicer 1 Oliver Slicer 4 Cooling Racks 6 small cooling racks 3 delivery vans 2 ss hand sinks 12 proofing buckets with wheels 2 POS registers 1 sound system 1 small cooler 1 microwave 1 office desk 1 office filing cabinet 2 office chairs 1 camera system 1 safe 1 round display table 1 scale 2 wooden benches for bread shaping 3 metal rolling carts 1 small maple bench 1 employee timekeeping system 1 dough divider 1 twist tie machine misc utensils
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Charlotte has seen the job market increase by 3 5 over the last year Future job growth over the next ten years is predicted to be 42 5 which is higher than the US average of 38 0
Growth & Expansion:
Key business for expansion and growth Charlotte is the number 2 metro in the US for economic growth
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Available with Seller

Listing Info

ID:
1639111
Ad Detail Views:
0

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Business Listed by

Justin Scotto

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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