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Bakery / Cafe For Sale
Location: United States -> Alaska -> Homer
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Restaurants (Full Service) (Gourmet Casual Dining): Price to Sell- The Fresh Sourdough Express Bakery and Cafe is a beautiful 3200 sq. ft. eatery was established in 1982 in spectacular Homer, Alaska. It sits on a half-acre of prime commercial real-estate. In season there are 20-25 employees with 48 indoor seats and additional outside seating. It can generate over $500,000 in sales in a six month season and has been profitable for 32 years. The business has also been run successfully as a year-round business in the past. The fine tuned systems lend itself to multiple units in target market areas. There are descriptive policy/procedure manuals, an employee handbook, and a streamlined operational system.

This unique, green concept has a great pioneer story that has strengthened the branded image. The quaint cafe exudes an atmosphere that anyone feels comfortable in. The food served ranges from sourdough pancakes, biscuits & gravy, local burgers, mouthwatering wraps, homemade soups, healthy salads, to famous Alaskan seafood. The menu is all geared to local and organic food. The scratch bakery produces fantastic proprietary deserts and sourdough breads, there is an extensive drink menu including a fresh juice and smoothie bar and it offers healthy carry-out and catering services.

The business includes the prime commercial real estate and is priced to sell at $695,000. There has never been a better time to buy this successful, fun business and rewarding lifestyle. Great interest rates are available with the SBA 504 loan program opportunities. Owners are willing to finance with a 50% down payment and assist with the transition for 1 year after the sale. There is also the option to buy the business only with a triple net 5 year lease with option to purchase the real estate, the cost is $250,000. The owners wish to retire. Equipment list available on request. For more details call Kevin 907-299-2601 or visit the website at freshsourdoughexpress.com.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $500,000
Cash Flow:   $70,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1982
Number of Employees:  20 - 34
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will assist with transition for 1 year.
Reason For Selling:  Owners wish to retire.

Photos

View Larger Photo(s) Of Business
Bakery / Cafe For Sale Photo 1 Bakery / Cafe For Sale Photo 2 Bakery / Cafe For Sale Photo 3




Print Listing Id: 700241844
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Alaska Businesses For Sale > Alaska Franchises For Sale > Alaska Business Brokers



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