This is a great opportunity to own a unique, German bakery located in the Tri-County area of Michigan. Established in 1978, this 1,173 sq. ft., this bakery is located on a highly traveled road surrounded by plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent operating condition and maintained/serviced regularly. This bakery specializes in a wide variety of European style baked goods, including cookies, specialty cakes, torte, chocolate truffles, pastries, flans, and more. current owner does not advertise... a new owner/operator with some creative advertising and marketing, along with opening on Monday’s, extending the hours, adding breads, additional items, advertising to bridal shows, country clubs, golf clubs, upscale hotels, expanding into new territories, and corporate and wholesale accounts, you have unbelievable potential. Nice cashflow! A must-see/must-have bakery with endless possibilities! owner will train and entertain all reasonable offers! Will not last long!
- Asking Price:
- $249,000
- Sales Revenue:
- $319,324
- Cash Flow:
- $81,751
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
All equipment is in excellent operating condition and maintained/serviced regularly. This bakery specializes in a wide variety of European style baked goods including Cookies, Specialty Cakes, Tortes, Chocolate Truffles, Pastries, Flans and more.
- Size in square feet:
- 1,173
Business Operation
- Expansion Potential:
-
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening on Monday’s, extending the hours, adding breads, additional items, advertising to Bridal Shows, Country Clubs, Golf Clubs, Upscale Hotels, Expand on Territory, Corporate & Wholesale Accounts, you have unbelievable HUGE potential.
- Reasons for selling:
-
Retire
- Employees:
- 2 FT / 2 PT
- Years established:
- 46
Other Information
- Support & training:
-
seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$249,000 with $125,000 down. 8% int., amortized over 60 months
- Inventory / Stock value:
- $15,000
