RETIREMENT. 2-location bakery café business for sale. The original location was started 30 years ago. The owner is looking to retire. The business is located in San Luis Obispo, CA. We enjoy a great loyal customer base and are well integrated into our community. We bake amazing fresh baked goods as well as operate a café serving sandwiches, coffee etc. We are looking for someone that wants to carry on our business and create its next chapter. Our records/financials are clean and up to date. We are profitable. Included in this sale are all FF&E, baking methods, recipes, employee training methods, website and marketing materials. At closing we will take an inventory. This value will be in addition to the purchase price. As part of the sale, we are willing to establish a transition period along with training for the new owner. To be clear, we are not interested in an owner financing deal structure. However, we believe that SBA is an option. We believe that a ROBS program can be an option as well. If you are not familiar with how a ROBS program works, we can refer you to people that can guide you through this program. We will require a completed signed NDA as well as a confidential questionnaire to be considered.
- Asking Price:
- $849,000 Furniture / Fixtures included
- Sales Revenue:
- $1,322,228
- Cash Flow:
- $992,355
Property Information
- Real Estate:
-
Lease
- Location:
-
Well established high traffic retail
- Premises Details:
-
Excellent retail trade area
Business Operation
- Expansion Potential:
-
Systems and processes are in place. Opening new locations in other communities as part of a growth strategy is excellent
- Reasons for selling:
-
Retirement
- Employees:
- 12
- Years established:
- 1996
Other Information
- Support & training:
-
As part of the sale, we are willing to establish a transition period along with training for the new owner
Leases available for review
- Financing available:
-
3rd Party, SBA, ROBS
