This Bakery & Restaurant is a staple in the community for over 101 years serving up exceptional quality bakery goods and restaurant meals that keeps people coming back. Serving breakfast, lunch and dinner. Dine-in, and Carryout with a convenient drive-up window that always has a line of cars. Equipped with a large kitchen that can handle all the demands. The restaurant has a big following with amazing online reviews. The restaurant/bakery building space is approximately 4014 sf, and sites on ~.9229 acres of paved parking space for customers
Bakery/Restaurant Located in Central Region of Illinois
Fully operational Bakery and Restaurant that has been operating for multiple decades
Real Estate of the restaurant and bakery in prime location with high traffic visibility (4,014 SQ FT, .9229 Acre)
Extensive amount of Bakery / Restaurant Equipment (~100K+)
100’s of proprietary specific recipes that have been used over the years.
Consistent sales revenue over the last three years of $1.6M per year
Financial Information
$1,050,000
Asking Price
$137,000
Cash Flow
$1,639,000
Gross Revenue
Yes
Financing
Business Location
City:
Central Region of Illinois
State:Illinois
Financing Comments
Minimal seller financing available
Reason for Sale
Retirement
Detailed information
Year Established:1922
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:23
Contractors:N/A
Owner Worked Hours/w:40
Inventory Included: Yes
Inventory Value:
N/A
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value:
$567,000
FF&E Included?: Yes
FF&E Value: $157,000
Training/Support
Seller is willing to assist with training for a successful transition to the new owners.
Facilities
Bakery & Restaurant
Real Estate Description
Building is approximately 4014 sf
Land 43,560 / .9229 Acres
Real Estate last appraisal $576K in Sept 2022
Save
