Fresh Bakery Café Combined With Retail
Not Disclosed, SD Not Disclosed
Fresh Bakery Café Combined with Retail
Asking Price:
$499,000
Annual Revenue:
$253,645
Request More Information Contact the Seller
- RE: Fresh Bakery Café Combined With Retail
- Contact: Scott Kranz
Quick Facts
| Asking Price: | $499,000 | |
| Annual Revenue: | $253,645 | |
| Net Profit: | $58,754 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | $350,000 | |
| Year Established: | 1957 | |
| Employees: | 6 | |
| BBN Listing #: | 196563281 | |
| Broker Reference #: | 244-21595 |
Business Overview:
Full bakery, café, and coffee bar, serving breakfast and lunch intertwined with a retail store that features locally made products. This business is the epitome of small town living at its best, and is strongly supported by the local community as well as visiting tourists. The seller recognizes a very significant opportunity for business expansion to include dinner service paired with possibly a liquor license/service, as well as more weddings and catering events to meet the current strong need in an area that presently offers little to no competition. The Meals on Wheels partnership has been an ongoing contract for about 17 years. The building has been maintained and updated with all new windows and doors, new LED lighting on the business floor, and a new HVAC. The living quarters is on the second floor above the business and features historical details from the original opera house. The property also includes a private lot with a detached double stall garage and separate private entrance into the building. Overall, this is a unique property complemented by a long-standing business with tons of growth potential! For additional information please contact listing agent Scott Kranz at 605-413-1871 or scottk@fcbb.comTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This is a location of 10,560 square feet and real estate is included in the price. Seller is active with 6 Part Time employees. Hours of operation are 6:30am-4:30pm Monday-Friday, 6:30am-11:00am Saturday. $20,000 in inventory and $100,000 in FF&E included in the asking Price. Food license required.Reason for Selling:
Owner is ready to retire.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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