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- RE: Quaint Glendale Retail Bakery Outlet
- Contact: Ryan Clark
Quick Facts
Asking Price: | $85,000 | |
Annual Revenue: | $368,674 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $80,490 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 3 | |
BBN Listing #: | 980228 | |
Broker Reference #: | MONCHIRP |
Business Overview:
This specialty bakery outlet has a proven concept that’s embraced by locals.While the location has a convection oven, it does not have a kitchen or hood as its largely supplied by its owner’s commissary kitchen.The name and concept are not being offered in the sale but new management may attempt to replicate their customer embraced products or they may offer their own fare.
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Property Features and Assets:
This quaint 500 square foot outlet with sidewalk seating and onsite parking boasts an attractive $1,600 per month lease rate including common area maintenance (CAM).All of the location’s furniture, fixtures and equipment will be included in the sale. The trade name, recipes, trademarks, website, email addresses will not be included.The seller may agree to licensing the name and supplying wholesale items made by the owner’s separate wholesale kitchen which is not included.
Market Competition and Expansion:
While competition for mainstream name brand name coffee, tea and pastry, dessert or bakery products is high, this this highly artisanal outlet exudes authenticity with a community-based following.
New management will do well to stick to high-quality, handcrafted offerings with locally sourced ingredients, while maintaining the location’s charming atmosphere.The location may maintain a coffee, tea and bakery item focus or new management may choose to implement any number of concepts that do not require a full-kitchen or a hood (e.g. juices, smoothies, boba, ice cream, etc.).The location can also operate as an outlet for an existing brand that is supplied by a central kitchen.
Reason for Selling:
PersonalAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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