For reference, here’s a quick breakdown of the typical down payment requirements:
10% down for buyers with prior business ownership experience
15% down for those without relevant experience
No prepayment penalty, giving buyers added flexibility over time.
Consider this opportunity to own a profitable, turnkey bakery that offers lunch items like salads and sandwiches. This bakery has delicious and beautiful cakes and muffins and pastries and more. It is located on one of the best downtown streets walkable both for locals and tourist, Cal Poly students & Cal Poly parents visiting speaks for high foot traffic , surrounded by downtown businesses. High Yelp reviews and social media presence and a comprehensive website. Included in sale; all recipes, equipment, furniture, and merchandise. Reasonable lease in place with an option to renew. The space is about 700 sq ft which makes it both manageable in regards to upkeep and rent . The owner is the main baker and will train, there is an assistance who wants to continue on. This perfect for an entrepreneur with bakery experience. Untapped revenue includes Grub Hub and other online delivery sources as well as wholesale deliveries to local cafes & hotels.This business offers a unique blend of turn key , step in to brand recognition that's already established, an instant customers, existing employees, proven systems and sales processes as well as untapped avenues for increased revenue. This bakery is SBA approved for financing subject to Buyer's financial and prior food service experience qualifications as well.