Well Established and Popular Bakery and Sandwich Shop in Boulder

Boulder, CO
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Asking Price:$119,000
Gross Revenue:$710,000
FF&E:$50,000
Cash Flow:$25,000
Rent:$10,922/Month
Established Year:1983
BUSINESS DESCRIPTION

This premier business has served Boulder for more than 40 years!

If you've ever wanted to own a bakery, this is the one! This bakery is a piece of Boulder's history, having served the city for over 40 years with its freshly made bread, goodies, and sandwiches. All items are made from scratch by hand every day, and are some of the freshest and healthiest baked goods you can get in Boulder. Because of this, the bakery has a very loyal following, established over decades.

The current owner is very proud of shepherding the business through the significant COVID downturn (having bought the business in March, 2020), but he recognizes the need for someone new to now take it to the next level with targeted investments in marketing and community outreach to grow the business. The revenue and loyal customer base is there. It just needs an owner who can dedicate the effort needed to take it to the next level. It is currently run with an onsite manager and an offsite owner who is actively involved behind the scenes. This scenario could continue, or a new owner could choose to work onsite to bring greater energy and focus to the business. There are many possibilities! The asking price recognizes the current performance, the future potential, and also the desire for a quick sale to the right person. Franchise fees are additional, but minimal. More details will be provided to serious buyers who sign an NDA, and all serious offers will be considered.


DETAILED INFORMATION
Location
Boulder, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,471
Lease Expiration
28/02/2027
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All inventory and equipment including, but not limited to, ovens, mixers, refrigeration, office equipment, display racks, and delivery vehicle are included.
Competition
This is a specialty bakery with quality hand-made products. There are a few similar businesses in the area, but this is known as one of the best.
Growth & Expansion
There are many growth opportunities, including wholesale, catering, farmer's markets, gifting, in-store meals, and more unique and specialty products.
Support & Training
Mandatory 3-week training at franchise headquarters plus additional transition training in the bakery.
Reason for Selling
Owner is involved in multiple businesses and needs to simplify.
Franchise
This business is an established franchise
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Stephen Turk
Stephen Turk