This popular restaurant and bakery for sale has operated successfully in Tucson since 2011. Known for innovative and tasty creations coupled with great customer service, this restaurant boasts very loyal customers and employees. Averaging 10% annual revenue growth for many years, the business forecasts to continue this trend into the future. The business is open for breakfast and lunch, features delicious baked goods and offers products for wholesale to restaurants in Southern Arizona.
- Asking Price:
- $695,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,409,574
- Cash Flow:
- $227,100
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$97,644 per annum
- Premises Details:
-
The business has excellent visibility and is located in a popular area of Tucson. The business leases approximately 4,100 square feet which includes kitchen and seating. The lease runs through June 2027.
- Size in square feet:
- 4,100
Business Operation
- Expansion Potential:
-
Known for their delicious menu items this restaurant also meets a high demand for their loyal customers and is poised for growth in three areas. Expansion in their local market, growing through online sales of their specialty products, and expanding their wholesale market to include other restaurants.
- Competition / Market:
-
The restaurant is able to offer year round consistent hours, products and services that bolster their customer experience and enhance their reputation.
- Reasons for selling:
-
Retirement
- Employees:
- 20
- Years established:
- 2008
Other Information
- Support & training:
-
Negotiable
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Negotiable
- Furniture / Fixtures value:
- $82,050 - included in the asking price
- Inventory / Stock value:
- $24,808 - included in the asking price
