Advert Ref: 5092-RL

Specialty Bakery In A High-Growth Market For Sale

  • Marin County, California - North
Asking price:
$199,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Community-focused bakery offering delicious and amazingly luxurious hand-crafted cakes, pastries and breads located in the beautiful downtown core. The company has enjoyed success for over 17 years and operates out of a beautiful and well-equipped kitchen and café in the North Bay. The bakery enjoys wide market reach by nurturing their wildly popular ‘micro-units’ located in farmer’s markets located throughout the Bay.
As an early adopter to specialty baked goods, the bakery has established market share in a sector that is rocketing: conservative estimates project that this particular sector in the retail market to be valued at 7.59 billion US dollars by 2020. This turnkey business offers the next operator a well-run, profitable business with ample room for growth.

ADDITIONAL DETAILS:

-The bakery is 2,700 square feet (approx.) with café indoor seating for 15 (approx.) and sidewalk seating for 6 (approx.)

- Rent is $5,514.99/month, gross with the current term ending June 2019. There is one-five year option. Qualified buyer to negotiate lease terms with the landlord

- Production Kitchen equipment includes: 6’-0” Baxter Type 2 hood with walk-in oven with 2 rotating racks; 7’ X 5’-6” Walk-in Refrigerator; Double Door Freezer; 5’-0” refrigerated display case; 60 qt. Mixer and 20 qt. mixer each with bowl and attachments and ; 3 compartment sink w/ drainboards; 2 hand washing sinks; mop sink and more

-Owner works between 28 and 40 hours/week with 2 full-time and 8 part-time employees. Owner's spouse also works in the business approx. 40 hours per week. This position is reflected in payroll and will need to be filled by new operator.

-Founded in 2002 the bakery has been at the current location in the quaint, historic downtown retail core since 2006

-Brick and mortar location is open 5 days a week Tuesday-Friday 9:00am-6:00pm and Saturday 9:00am-4:00pm.

-Bakery serves 12 Bay Area Farmer’s Market covering 7 Counties

-Owner will consider seller financing to qualified buyer

-Inventory, valued at approximately 8-10K, is not included in the sale and is available for Buyer to purchase at wholesale cost.

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete, training period, leasehold interest, leasehold improvements, trademarks and goodwill. Some personal items may be excluded from
the sale.

Property:
Leasehold
Lease terms:
Rent is $5,514.99/month, gross with the current term ending June 2019. There is one-five year option. Qualified buyer to negotiate lease terms with the landlord
Size in square feet:
2,700

Trading hours:
Brick and mortar location is open 5 days a week Tuesday-Friday 9:00am-6:00pm and Saturday 9:00am-4:00pm.
Employees:
11
Years established:
2002

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Owner will consider seller financing to qualified buyer
Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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