Asking Price: $449,900 Gross Revenue: $709,000Cash Flow: $176,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $9,553 included in asking priceFF&E: $57,000 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.
Family friendly bakery / cafe on main street in a small eastern Washington town located 15 minutes from Spokane. Newly renovated, full kitchen facility serving great in house prepared foods and fresh baked goods. A crew of experienced employees is in place to run the day to day operations. Perfect for an owner/ operator or individuals wanting to include family. Bakery Cafe is supported by the local community and also draws from the surrounding area. Price is below appraised value and 2018 sales and profitability are both up significantly!
About the Business
Number of Employees:
Building Sq. Ft.:
$3,000.00 Per Month
The facility has 3,000 square feet of newly renovated building with lease or opportunity to purchase real estate. The kitchen is fully equipped with type 1 hood, 2 gas flat tops, 6 burner gas stove-top, gas fryer, Blodgett gas convection oven, Bakery Pride stone deck oven, walk-in cooler, proofer with numerous reach-in coolers and freezers.
The Company is the only cafe serving breakfast in the area. Competition is one pizza shop, one Mexican food restaurant and two sandwich shops. The competition is open for lunch and dinner only. There is no competition for the Company's home cooked good food provided in a beautiful comfortable sit-down atmosphere.
Growth & Expansion:
Currently the business is open for breakfast and lunch only. A new owner could expand business hours for dinner operation and add beer and wine for increased revenue. The bakery could start producing product for wholesale customers and or farmers markets. A large internet retailer is building a massive distribution center less than 4 miles away from the cafe which will increase demand significantly.
The current owners will train for two weeks at no cost to new owners. Restaurant knowledge, management, ordering and inventory management skills would be beneficial for a new owner to have but current owner and staff will train. Several key employees are working as supervisors and can help new owners transition quickly with ease.
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