Bakery & Cafe Located In High Tourism Spot SC2193

Business Overview:

Incredible Bakery and Cafe Located In An Extremely High Tourism Spot - SC2193

This Northern California based Bakery and Cafe is a California Limited Liability Company that has been in operation for the past 7 years under current ownership. Located in an extremely popular tourist location in Northern California, in the downtown central district, they are known for their incredible array of baked goods made from scratch. They recently have expanded their space and now offer a kitchen café serving breakfast all day as well as brunch fair and sandwiches, salads and shareables. Known in the community and well established and centered in the tourist district in a beautiful Northern California destination location, this business is ready for growth and expansion under a new owner! The business does have a Type 41 (Beer and Wine) ABC Liquor License that stays with the lease.

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Property Features and Assets:

Business Location

City: Northern California
State: California

Reason for Sale
The reason for selling is the Seller would like to pursue other interests.

Detailed information
Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 6
Part-Time Employees: 14
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $7,500
Monthly Rent: $10,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2300
FF&E Included?: Yes
FF&E Value: $120,000

Market Competition and Expansion:

Market Outlook/Competition
The North American bakery product market witnessed significant growth in the past and is expected to grow at a CAGR of about 4.4 % during the forecast period (2023-2032). The market size was valued at $234.5 Billion in 2022. The driver of the growth is consumer preferences, urbanization and the fast pace of modern life.

Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Reason for Selling:

The reason for selling is the Seller would like to pursue other interests.

Additional Details:

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