Franchised Bakery/Restaurant, with over 200 Locations Nationwide
Location: Nevada > Washoe County > Reno
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $221,000
Gross Revenue: $371,000
Cash Flow: $85,500
Inventory: $11,000 (Included in Asking Price)
FF&E: $90,000 (Included in Asking Price)
Seller Financing: With acceptable down payment and terms, Seller will carry the balance of the purchase price, for a creditworthy Buyer. Submit on terms.
Business Summary
This unique bakery, established for over 10 years, is part of a national chain of restaurants that specializes in artisan breads and rolls, assorted pastries, soups, and gourmet sandwiches that can be enjoyed in either their delightful dining room or outdoor on their patio. This business is part of a large, franchise network, founded over 30 years ago, with over 200 successful locations nationwide. The franchise provides excellent support for their franchisees through the use of field representatives and marketing specialists. The restaurant occupies approximately 1,574 square feet in a prime commercial center with direct boulevard frontage, easy access, and substantial adjacent parking area. The business is open Monday through Saturday from 6:00 a.m until 6:00 p.m. daily. This turn-key busines has demonstrated it's ability to garnish a large marketshare in the community which has resulted in considerable year-over-year revenue growth. Attention should be focused on increasing the lunch service, offering gift baskets, speciaity deserts and beverages, and accomodate requests for catering parties and special events. With acceptable down payment and terms, Seller will carry the balance of the purchase price, for a creditworthy Buyer. Submit on terms. The Seller is moving abroad to concentrate on a new business opportunity.
About the Business
Year Established: 1996
Employees: 0 full time - 8 part time
Facilities: This business is part of a large, franchise network, founded over 30 years ago, with over 200 successful locations nationwide. The franchise provides excellent support for their franchisees through the use of field representatives and marketing specialists. Competition: This turn-key busines has demonstrated it's ability to garnish a large marketshare in the community which has resulted in considerable year-over-year revenue growth.
Market Outlook and Competition: Attention should be focused on increasing the lunch service, offering gift baskets, speciaity deserts and beverages, and accomodate requests for catering parties and special events.
About the Sale
Management Training and Support: Seller will provide orientation and training included in the purchase price.
Reason For Selling: The Seller is moving abroad to concentrate on a new business opportunity.
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Listing Tools
BizQuest ID:898089
Seller ID:08-546100-01
Business Listed By
Name:Mary Lou McDonagh
Company:Reno Business Brokers
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.