Successful Bakery in Downtown Seattle Capital Hill Area

Asking Price$310,000

Cash Flow
$42,846
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$548,480

Inventory$3,163
Included in asking price
FF&E$103,027
Included in asking price
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Successful Bakery in Downtown Seattle Capital Hill Area


Asking Price$310,000

Cash Flow
$42,846
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$548,480

Inventory$3,163
Included in asking price
FF&E$103,027
Included in asking price
Business Description
Located in the heart of capital business district and surrounded by several restaruants and night clubs, Cinnaholic is a place where locals love to frequent. This is the only Cinnaholic franchise in Washingotn State. Well position for success. Cinnaholic brand is exceptional and is highly regarded in the vegan community. The sale of this business will come with two additional expansion territory (Bellevue/Kirkland or Bellevue/Redmond) as a bonus to the sale. We work well with corporate events from our large .COM companies around Seattle and Bellevue area. I'm sure you can figure out who they are.
About the Business
Years in Operation
8
Employees
7
Franchise
This business is an established franchise
Facilities & Assets
Aside from the leased space, this facility will come with a Oven + Hoodvent, Large 4 door fridge, 2 sets of 2 door smaller front of house fridges, Sofe Servce Ice cream machine, Expresso machine, drink cooler, Ice Machine, Large and small baking mixers, Microwave, stainless steel counters and shelving, catering boxes (various sizes), square POS and receipt machine, Safe, Surface Laptop, tables, chairs, storage shelves.
Website
https://order.cinnaholic.com/seattle-wa/menu
Market Outlook / Competition
There is really little competiion for vegan bakery and where this bakery is located has high traffic as it is next to Cap Hill Restarurants, Bars, Colleges, Hosipitals. Very attractive location.
Opportunities for Growth
Catering to corporate events, Sporting events, Weddings, Birthdays are all pro's to generating more revenue for this business. Owner absentee is a con. This business really needs someone who loves to bake and have a small staff of fun employees. This neighborhood thrives on local business and having an owner present helps the brand and business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
11,357
Rent
$4,057.27 per month
Lease Expiration
3/1/2029
About the Sale
Seller Motivation
Loved one passed away.
Transition Support
Current will train new owner with all necessary business functions. Cinnaholic corporate will also train new owner how to operate bakery and learn how to make Cinnaholic cinnamon rolls.
Listing Info
ID
2323342
Listing Views
1512
Business Location

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Business Listed by: James Prop

Listing ID: 2323342 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.