Semi-Absentee Gourmet Dessert Retail Bakery w/Real Estate

Multnomah County, OR
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Asking Price:$450,000
Gross Revenue:$1,101,451
FF&E:$277,050
Cash Flow:$195,831
Inventory:$29,000
Real Estate:$1,500,000
BUSINESS DESCRIPTION

Real Estate - Bakery

For the last 10 years, this gourmet bakery has been crafting sought-after special occasion desserts serving the greater Portland area with multiple locations. They own the recently remodeled production/retail location which is offered in the purchase price. The other locations are leased.

This business has a General Manager who runs the day to day and the current owner only works approximately 5 hours/week. There are 15-20 employees staffing the production and retail locations.

This business has a robust website, strong social media presence with greater than 10,000 followers and great Google reviews. They have proprietary recipes and proven systems in place with a streamlined order policy resulting in improved efficiency and customer satisfaction. This business is "Franchise Ready" with the necessary documentation drafted for someone who wants to expand with this business model. It is not currently a franchise but independently owned.

The business is priced at $450,000 and Real Estate is offered at $1,500,000.

It is SBA pre-qualified.


DETAILED INFORMATION
Location
Multnomah County, OR
Inventory
Included in asking price
Real Estate
Owned
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: Own the main baking facility and lease two other retail locations
Support & Training
Training Support Included
Reason for Selling
Other Projects
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Julie
Smith
Transworld Business Advisors
Julie Smith