Turnkey Bakery / Cafe For Sale

Undisclosed Address, Maine
Business Opportunity for Sale
Catylist Listing ID: 30348018
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $85,000
Year Business Established: 2005
Gross Revenue: $287,100 (Annual)
Cash Flow: $54,900 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Sale Terms: Cash to Seller, Seller financing possible
Last Updated: 1/3/2019

Overview / Comments

This Cafe & Bakery is an excellent, established business with strong & reliable customer base. The owner estimates 95% of customers are known by name by one of the long-time employees! Even though it's a relatively rural location, the systems in place and excellent customer service (4.8/5 stars on Google reviews, 4.5/5 stars on Yelp, & 4.8/5 stars on Facebook!) have built a solid, profitable foundation for you. Moreover, the owner has taken care to put policies and procedures in place, as well as painstakingly recording each proprietary recipe in four well-organized binders. This is a true turn-key opportunity!
It resides in an excellent location, part of an active strip mall and directly behind a gas service station and car wash that ensures a high traffic count and great visibility. The fit-out is well designed for the space - an entry opens up into the dining area, with coffee and pastries visible and welcoming in customers. The dining area is well-lit with large windows to the outside, seating 20+. A wrap-around service counter divides the dining area from the bakery and kitchen, which is open for easy customer interaction. The bakery is thoughtfully laid out for ease of production. Through a door in the rear of the bakery, a wall separates the front area from the back, which has dry storage, a large walk-in refrigerated room, several top-loading freezers, and a small office area.
Currently closed on Sundays and Mondays, additional staffing could expand the operational hours. Furthermore, an untapped revenue stream would be in selling cakes and pastries to catered events; the demand exists and has been satisfied only to the level that the owner is available to do so. Limited marketing and reliance on word-of-mouth may also be a factor that could be changed to bring new growth to the business.

Attachments & Media

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $4,300
Value of Furniture, Fixtures, and Equipment ($): $42,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0

Contact

Photograph of Listing Agent

Raynor Large

KW Commercial - a div. of Keller Williams Realty
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