Great Harvest Bread Co.

Contact Seller
Be a part of Great Harvest History
Asking Price:
$335,000

Gross Revenue:
$568,000
Cash Flow:
$122,255
EBITDA:
$140,318
Inventory:
$5,000
included in asking price

FF&E:
$35,000
included in asking price

Share this business:

Business Description

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.

About the Business

Year Established:
1980
Number of Employees:
13
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,889
Lease Amount/Mo.:
$5,100.00
Lease Expiration:
9/20/2021
Facilities:
Building, Rear-Loading Dock, Oven, Mixers (140 Qt, 60Qt, 20Qt), Large Walk-In refrigerator, Wheat Mill (12"), Racks galore, Counters, Tables/Chairs for 40+,
Website:
spokane.greatharvestbread.com/
Growth & Expansion:
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.
Contact the Seller

About the Sale

Reason For Selling:
Other career opportunities
Training/Support:
Owner will work hand on with incoming buyer for 1 month of side-by-side training. In addition, you'll be provided Corporate training support and attend their bread/sweet/sandwich school in Dillon MT.
Seller Financing:
Seller willing to consider financing, will discuss terms.

Listing Info

ID:
1369860
Ad Detail Views:
1741


Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by
Trevor Plaisted

 Show Phone Number

U.S. Census Data for Spokane County, WA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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

U.S. Community Survey Data for Spokane County, WA
Income

Education

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.


Similar Listings


Report an Issue 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 & Conditions.
;