Great Harvest Bakery Cafe

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Turn Key Freedom Franchise - Amazing Living
Asking Price:
$195,000

Gross Revenue:
$420,000
Cash Flow:
 Not Disclosed
EBITDA:
$63,000
Inventory:
$15,000
included in asking price

FF&E:
$85,000
included in asking price

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Business Description

To be truly successful, you need to love what you’re doing. This is a business you can love while having your community love you right back! Take advantage of this opportunity to own a popular, well established, successful business set against the Rockies - Great Harvest Bread Company of Colorado Springs.

This turn-key business is ready for a new owner to take it to the next level. While this bakery has been located in Colorado Springs since 1991, don’t think of it as old! We recently moved and increased our square footage, enabling us to turn it into a Bakery/Cafe concept and setting it up to operate as a spoke and hub per the franchise new business model. You’ll be buying a fresh, modern business poised for expansion in Colorado Springs with 28 years of brand recognition and customer loyalty. Our royalty rate is below that of a new Great Harvest franchise and that will transfer to the new owner.

Our ability to adapt new products as needed, while still focusing on our core, has helped us build a very loyal customer base that spreads across a wide market including the single professional who enjoys our breakfast on the run, the families who shop for bread and goodies all week long and the seniors who know the value of a great product when they taste it!

As the new owner of this location, you will have the security of a 29 year-old established, successful business along with the fresh, modern look of a newly remodeled bakery.
The bakery is in an established shopping center anchored by a major grocery chain. The center is fully occupied and has a nice balance of tenants. We are located in an area of Colorado Springs that hosts a higher day time population due to businesses, a hospital, and several medical buildings which lends itself to catered lunches and stops on the way into work and on the way home.

While we are well established in the community, the opportunity for growth is huge. We are a freedom franchise so you have the freedom to determine how industrious and aggressive you want to be to grow the business. There are concrete ways to grow this business in several areas such as product line expansion, farmer's markets, and referral gifting. And looking at the bigger picture, the franchise territory for this business could easily support 3-4 more locations that could be serviced from your original location. This main location is primed for the spoke and hub model set forth per the franchise

And, what about the community? Our bakery is located in Colorado Springs at the base of Pike's Peak just 50 miles south of Denver giving you the best of both worlds…city amenities with an amazing outdoor life. You are close to hiking, camping, skiing, white water rafting, and fly fishing. In addition, Colorado Springs has been named one of the best places to live and one of the best places to retire. You won’t find many businesses for sale where all the pieces fit so perfectly together like this one!

You won’t be jumping into this new venture alone. You’ll gain exceptionally strong training and support from the franchise home office as well as the current owner ensuring a smooth transition. All while having the freedom to be creative and independent. Great Harvest Franchising is a “Freedom Franchise” there to support you, not to dictate your menu or how you interact with your community.

If you feel this beautiful bakery might be a match for you, please feel free to contact the owner for initial information using the contact information below, and then follow up with us here at the franchise office for further information and help with next steps. We’re excited to share more with you about this opportunity.

About the Business

Year Established:
1993
Number of Employees:
6
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,732
Rent:
$7,096.00 Per Month
Lease Expiration:
5/1/2025
Facilities:
Assets:

140 Qt Hobart Mixer
60 Qt Hobart Mixer
Skiold Mill (grinding grain)
36 pan Baxter Rotating Oven
Walk in Refrigerator
Walk in Freezer
Oliver Bread Slicer
5 Foot Mega Sandwich Cart
4 Foot Sandwich Cart
Panini Grill
Steamer
4 soup pots
Ambiante machine (espresso drinks)
Under counter cooler
Reach in drink cooler
Lobby merchandising cooler
Tables and chairs to seat 38
Display tables
Counter
Sweets display
Small wares
Website:
www.greatharvestcoloradosprings.com
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About the Sale

Reason For Selling:
One of the owners is retiring

Listing Info

ID:
1447176
Ad Detail Views:
0

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U.S. Census Data for El Paso County, CO
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for El Paso County, CO
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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