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 this mountain community. Offering a wide array of "made from scratch" baked goods including fabulous desserts, they also serve fresh 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, along with a a variety of antique and novelty gift items.
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. Training by the Master Baker for up to 1 year.
Financial Information
$850,000
Asking Price
$244,727
Cash Flow
$2,271,339
Gross Revenue
$255,000
Down Payment
Yes
Financing
Business Location
City:
Central California
State:California
Financing Comments
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
Reason for Sale
Retirement
Detailed information
Year Established:2004
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 25
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: No
Inventory Value:
$50,000
Monthly Rent:
$11,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 5200
FF&E Included?: Yes
FF&E Value: On request
Training/Support
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
Facilities
The total building is approximately 6400 square feet plus two small lofts and immediately adjacent parking lot. The restaurant occupies approximately 5,200 square feet. The business purchase includes all equipment for the bakery, restaurant, storage, and seating areas (indoors and out).
Market Outlook/Competition
Located in a great mountain community featuring a wide variety of tourist and travel amenities including a vibrant art scene, outdoor experiences such as hiking and skiing, wineries and antiques. This historic downtown is an extremely well run, connected community, supporting their local businesses and as well as serving the tourism attractions.
Opportunities to grow this business including an expansion of hours, event venue opportunities and expansion of their beer and wine offerings.
Real Estate Description
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
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