Fantastic Bakery Franchise - Huge Upside Potential

Financial Information

  • Asking Price: $320,000
  • Gross Revenue: $642,063
  • Cash Flow: $101,181
  • Down Payment: $320,000
  • FF&E (Included): $70,000
  • Inventory: N/A
  • Financing: No

Business Location

  • Palm Beach
  • Confidential
  • Florida
Primary Business Category: Baked Goods Stores

Fantastic bakery franchise with a huge upside potential, ready for the next owner to come and reap the benefits of it's growing sales. This business is located in a very high income area of Boca Raton, in a high traffic strip mall, within walking distance to FAU and PBSC, and 1 mile from LYNN University. It caters to today's young consumers, featuring no-egg, no-diary, no-lactose and allergy friendly, as well as fully kosher buns, rolls and cakes. This store is beautifully decorated, and has been ranked top 15 in the franchise since opening in 2018. They currently have over 40,000 customers in their marketing databases, and a loyalty program for customer retention. They keep meticulous records of everything they do and customers they have, which makes it easy for a new buyer to continue the sales growth the current owner has been achieving. The $19,000 usual transfer fees will be waived by the franchise to the new owner. The current owner did all the "heavy lifting" of starting the business and making it soar, even through the pandemic! Sales 2020/2019 were up by a whopping 20% in spite of all the business restrictions they faced, thanks to a great delivery service and customer retention. YTD 2021 results are even higher, growing 40% over PY as of June 2021. The buyer who acquires this business will be buying a high-growth company with the opportunity of not only growing this location, but having access to other locations in the future. This is a true gem of a business, and the owner only sells it because she must move abroad. Don't miss out on this opportunity! This Florida based Bakery Franchise for sale is presented by Sunbelt Business Brokers of South Florida, a division of SUNBELT, the largest organization of business brokers and M&A professionals in the world. With a local presence and global marketing reach, Sunbelt Business Brokers of South Florida has provided main-street and lower middle market business owners and buyers with unsurpassed deal expertise for nearly 20 years. For more information on this business for sale contact Claudio Vilas at [email protected] or 561-832-9222.


Reason For Sale
Relocation
  • Home Based: No
  • Year Established: 2017
  • Franchise: Yes
  • Year Acquired: 2017
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 0
  • Part time Employees: 12
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 954 sq ft
  • Monthly Rent: $3,617
  • Lease Expires: 05/26/2022
  • Lease Terms: Strip Center

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Business Listed by

Sunbelt Boca Raton

Contact:
Office Phone: 561-994-5300
Mobile Phone:
Listing ID: BOCARFL001-N924

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.