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Well Established Great Harvest Bread Co.

Vernon, CT
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Asking Price:$150,000
Rent:$4,650/Month
Established Year:1996
Gross Revenue:$395,740
FF&E:$129,000
Listing ID: 2117517Listing provided by BizBuySell
BUSINESS DESCRIPTION

An incredible opportunity to take over a well-established Bakery-Café with the backing of a franchise, but the freedom to create and expand as you see fit. We offer the heathy alternative to big box Markets and Grocery chains with fresh milled wheat used in our breads, sweets and sandwiches. Started in Manchester, CT in 1996, we purchased in 2003. After 10 years our location on Main Street was lost due to fire in an adjacent part of the building. Our rebuild in 2015 would now become a Bakery-Café. With no suitable space available in Manchester the move was made to Vernon, CT. With the expert help of the Great Harvest Franchise office this new location offered an extreme increase in traffic flow with fantastic growth along with other new businesses in the area and more coming every year. Our territory is quite large and offers the perfect opportunity to expand to hub and spoke locations that are far enough apart as not to effect the others sales.

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DETAILED INFORMATION
Location
Vernon, CT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,566
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2566 sq ft, Seating for 16-20 indoors, 4 outdoors (under owning), 2 bath rooms, All necessary equipment for baking bread and sweets, 2 ovens, Rack Revent oven, Reed 48 pan rotating shelf oven. 140 qt mixer, 20 qt mixer. All needed equipment for sandwich production. All equipment for coffee's, Expresso, 2 drip makers with pump carafes. Blender for smoothies. 2 Freezer's, 1- Walk in refrigerator 8'x8'. Plus all small wares used for production.
Competition
We offer premium health conscious breads, cookies, scones and more. Our competition cannot compare to our offerings. Add this to a well rounded selection of sandwich options with great tasting recipes and you have a formula that has proven to grow in this area. We offer DoorDash online delivery, as well as EzCater for larger function meal ordering within our area that we deliver. We also have our own online ordering for pickup through Paytronix Open Dinning.
Growth & Expansion
With a large territory covering approximately 210 sq miles, growth to add spokes to the Vernon Hub would expand the foot print of this franchise greatly. Two areas would work to this end, the first area being expansion to Glastonbury, CT. Glastonbury is a middle to upper income community. The second would be placing a spoke in Manchester, CT returning the bakery to its place of origin. The only negative to these plans would be finding the right locations for best exposer. Growth can also be concentrated on catering opportunities.
Support & Training
Great Harvest Bread Franchise offers a very complete package of training. We would also be willing to stay on for a month to give an owners perspective of operating in Vernon, CT, plus we would be available to help out for your first major holiday which is always a very busy time.
Reason for Selling
Retirement
Franchise
This business is an established franchise
BUSINESS LOCATION
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Dale Roberts
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Dale Roberts
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