Bakery & Snack Franchise

Great easy to manage and profitable business!

New Asking Price $119k!
We are pleased to offer this established Bakery & Snack Franchise in a high foot traffic area. This business is profitable and offers the support of a franchise along with an easy to manage and produce product.
We think this is a great option for someone wanting a supplemental income for the household or a great post-retirement business for an owner looking to keep busy with part time hours. It is currently run with minimal oversight, but the cash flow to an owner working about 30 hours per week should be approximately $25,000 - $30,000 more than the “mostly absentee” cash flow of approximately $40,000.
The 2022 Sales approx. $330k and Net approx $67k (approx. $40k for a mostly absentee owner). There are opportunities to grow the sales if the next owner wants to focus on promoting custom orders and/or growing corporate gift business.
This business is well established and is fully staffed with a great team of experienced employees. The owner currently works very part time 2-5hrs/wk. This could be considered as a great first entry into the National Brand or possible as an additional location for someone looking to grow. The franchise royalties are 8% of sales – the Brand is well known and has an active marketing program.
The space has a nice sized kitchen which is equipped with baking ovens, refrigeration, prep, sinks, display counters and all the equipment needed. Lease Term Jan 2024 with Total Rent $6,760/month including Base Rent, CAM, property taxes, water/sewer utility, HVAC service
Buyer to obtain new Lease and Franchise Agreement.
The owner is pleased with the success of this business and its place in the community but is consolidating to prepare for retirement. Buyer must be approved by Franchisor, pay transfer fee and complete franchisor training.
Interested? This is a confidential listing. Registration with NDA is required in order to receive further details.
We look forward to talking with you about this exciting opportunity!