Iconic Bakery for Sale in Western Colorado

(DzPOMfrB-5szyZhYItl-O)Listing%20Pic%202%20.jpg
Contact Broker
Mail Print Save

Restaurants & Food Businesses for Sale

  • Primary Category: Bakeries for Sale

This is a full line retail and wholesale bakery. The made from scratch, in-store prepped and baked products include assorted breads and rolls, cookies, cakes and cupcakes, muffins, donuts, pies and a full array of pastries. Seasonal products are crafted for holiday enjoyment, as well as custom ordered cakes and cookies. All products are fresh and hand made, and not prepared from frozen or outsourced ingredients. As an Ionic Landmark for seventy-three years, this locally owned, family run Business focuses on quality and freshness. Nearly 75% of the customer base is walk-in business and bakery services various local restaurants and businesses with assorted pastries, breads, and rolls. The customer base includes people from the Western Slope of Colorado and Eastern Utah. The current owners have run this operation for forty five years and are now ready to retire.

Financial Information

  • $195,000 Asking Price
  • $105,000 Cash Flow
  • $750,000 Gross Revenue
  • N/A Down Payment
  • Yes Financing

Business Location

  • City: Mesa County
  • State: Colorado

Reason for Sale

  • Seller retiring.

Detailed information

  • Year Established: 1972
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 15
  • Part-Time Employees: 7
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: $5,000
  • Monthly Rent: $216,667
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 3000
  • FF&E Included?: No

Training/Support

  • Seller agrees to provide training 8 for weeks at 30 hours per week following close of escrow. The seller will provide consultation by phone, email and text for an additional 8 weeks.

Facilities

  • The business occupies a 2976 sq ft building, built in 1972, and is located a very short distance from a main thoroughfare through town. There is ample parking available for customers and deliveries.

Market Outlook/Competition

  • There is very limited competition in the area which produces fresh made, crafted on premises, baked goods. Chain supermarkets, convenience stores, and bagel type businesses are the only competition. Although their locations may provide more convenience, product selection is very limited and rarely crafted in-store.
Business Listed by
image of Kevin Brooks
Kevin Brooks
Sunbelt of Western Colorado
Email Kevin
Show Phone Number
Listing ID
WESTCO001-47015
License Number
EA 100082128

Contact Business Broker

"*" indicates required fields

Name*
Newsletter
This field is for validation purposes and should be left unchanged.

Similar Businesses for Sale

Image of Backstreet Bagel Company Save

Backstreet Bagel Company

 Montrose, Colorado

Backstreet Bagel Company was established in 1995. The current owners took over in 2014. This award winning restaurant serves breakfast...

$775k Gross Revenue
$112k Cash Flow
Asking Price $380k
View Listing Save