Asking Price: $455,000 Gross Revenue: $568,000Cash Flow: $109,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Consider owning the 1st franchised store EVER. This store has been a community landmark since 1980 (nearly 40 years strong) and has a great loyal customer base that continues to grow. As a result, enjoy the lowest Royalty rates anywhere in the Great Harvest network.
This Bakery/Café store boasts a wide-open look and feel that draws the customer into the baking process as they become intimately associated with every step of the baking process. Since taking ownership, we have made extensive facilities upgrades and lobby remodeling that invigorated the look and feel of the bakery. Digital signage was deployed to streamline menu updates and add a modern touch to the bakery.
The Spokane WA community has long embraced the presence of the Great Harvest Bread Co., in particular the “South” Hill where the store is located boasts the highest income demographic of the Greater Spokane Area and is near busy retail and Healthcare districts that constantly draw new customer demographics to the store.
The key to success as we’ve seen is high-quality products and a customer service experience they remember. Delivering on these points has yielded great benefits as we are seeing strong year-over-year growth that projects well into the future. In addition, the on-line delivery/catering presence continues to grow and has room for substantial growth.
We have a regular presence in several Farmer’s markets, regional shows/conventions/tasting-events, and other venues for distributing our products but there are many additional Shows/Markets that we aren't a part of yet. There are several well-established wholesale accounts with more opportunities to partner within the community. In addition, two additional store locations have been fully profiled (HWY 2 on the North Side and East toward the Valley near Millwood), with Northside location having greatest potential.
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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
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