Cafe & Bakery For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $762155
Net Profit / Cash Flow $104586
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2012
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Training offered
Reason for Sale Expanding business through licensing
Description This is a very unique opportunity to become part of one of the more successful multi chain Cafes/Bakery in Southern California. There are 5 profit centers including Cafe, Bakery, Cakes, Catering, and Gift basket that are part of the revenue stream.
The company has made one location available in a very popular South Orange County Beach Town under a licensing agreement without ongoing fees and may eventually offer other locations so this in an opportunity to grow with the company. This particular location has only been operating since 2012 and the sales were $762,155 in the first full year.
The business is operated by 2 shift managers as well as a general manager who oversees the brand. The space is 3,200 sq ft and located in a busy shopping center about one mile from the beach. The company will also offer the location and all furniture, fixtures, and equipment separate from the current brand so a new owner, chain, or franchise can change the name and concept for conversion. The build-out is top notch and all equipment is practically brand new.
The cash flow is based on eliminating a managers salary and keep in mind that the financials are based on only one year of operation. The company is expanding its menu which could also bolster sales considerably. There are several great options being offered and the Bakery/Cafe has a great reputation and amazing brand presence.
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