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Lifestyle Reset for Foodies and Bakers
If you love the outdoors and are a foodie. This is the Lifestyle reset you have been looking for. This well established and highly trafficked bakery and restaurant located at the "main and main " of a stunning mountain community. Offering a wide array of "made from scratch" baked goods including fabulous desserts, they also serve freshly made soups and sandwich menu, served on their homemade bread, and offer many beverages including beer and wine. They offer inside and outdoor dining and take out. A great opportunity to receive the legacy of German baking. Training by the Master Chef for up to a year.
Listed By: Patrick Collins
Background information
Reference:
55355
Year established:
2004
Reason selling:
Retirement
Finance
Sales:
$2,271,339
Profits:
$244,727
Profit type:
Discretionary Earnings
Operations
Employees:
25 employees including the owners. The staff includes Master Baker, several bakers, associates and managers.
Equipment:
The offering includes a complete turnkey baking and restaurant facility
Inventory:
Approximately $50,000 dollars which includes fresh ingredients that are constantly rotating, as well as a variety of novelty and gift items.
Furniture fixtures and equipment:
The restaurant dining area is fully equipped with tables and chairs for indoor and outdoor dining. The bakery is a fully equipped and turnkey facility.
Premises
Facility:
The total building is approximately 6400 square feet plus two small lofts and immediately adjacent parking lot. The restaurant occupies approximately 5200 square feet. The business purchase includes all equipment for the bakery, restaurant, storage, and seating areas (indoors and out).
Square footage:
Approximately 5200 square feet plus a loft for storage
Rent and lease terms:
The lease will be $11,000 per month on a "net" basis for the restaurant space, with term and other conditions to be negotiated, The owner of the business also owns the building under a different title.. There is a second small tenant in the building adjacent to the restaurant. A possible sale of the building, which is situated on a ground lease, is open for discussion
Location:
Central California - Located in the heart of an historic downtown surrounded by many antiques stores, food service and other tourist and local amenities.
Opportunities
Growth:
There are several opportunities to grow this business including an expansion of hours, offering event venue opportunities and expansion of their beer adnwine offerings.
Market:
The business is located in a great mountain community featuring a wide variety of tourist and travel amenities including a vibrant art scene, vast outdoor experiences including Hiking and Skiing, wineries and antiques. This historic downtown is an extremely well run and connected community, supporting their local businesses and as well as serving the tourism attractions.
Price and terms
Price:
$850,000
Down payment:
$255,000
Financing:
Seller will consider "Seller" financing for the purchase of the business (and real estate) on a case-by-case basis, including a reasonable down payment and review of Buyer experience and qualifications
Training:
A great opportunity to receive the legacy of German baking. Training by the Master Chef for up to a year. Additional training/consulting is available subject to terms and conditions agreeable to Buyer and Seller