Semi-Absentee Bakery w/New Commercial Kitchen RE, Prime Location

Asking Price$1,800,000

Cash Flow
$165,678
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$962,451

Inventory$29,000
Included in asking price
FF&E$250,050
Included in asking price
Real Estate$1,500,000
Not included in asking price
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Semi-Absentee Bakery w/New Commercial Kitchen RE, Prime Location


Asking Price$1,800,000

Cash Flow
$165,678
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$962,451

Inventory$29,000
Included in asking price
FF&E$250,050
Included in asking price
Real Estate$1,500,000
Not included in asking price
Business Description
Real Estate - Bakery
For the last 10 years, this gourmet bakery has been crafting sought-after special occasion desserts serving the greater Portland area with multiple locations. They own the recently remodeled production/retail location which is offered in the purchase price. The other locations are leased.

This business has a General Manager who runs the day to day and the current owner only works approximately 5 hours/week. There are 15-20 employees staffing the production and retail locations.

This business has a robust website, strong social media presence with greater than 10,000 followers and great Google reviews. They have proprietary recipes and proven systems in place with a streamlined order policy resulting in improved efficiency and customer satisfaction. This business is "Franchise Ready" with the necessary documentation drafted for someone who wants to expand with this business model. It is not currently a franchise but independently owned.

The business is priced at $300,000 and Real Estate is offered at $1,500,000. The seller will consider a note for the business for qualified buyer prospects.

It is SBA pre-qualified.
About the Business
Employees
18
Facilities & Assets
Facilities: Own the main baking facility and lease two other retail locations
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Other Projects
Transition Support
Training Support Included
Listing Info
ID
2191744
Listing Views
3046

Contact Seller

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Business Listed by: Julie Smith Transworld Business Advisors

Listing ID: 2191744 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 of Use. Learn how to avoid scams.


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