Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Rosatis Pizza Franchising Franchise Opportunity

Wings Etc. Franchise Opportunity

FiltaFry Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Excellent Bakery Franchise-Huge Clientele
Location: United States -> Nebraska -> Grand Island
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Purchase Price: $70,000
10% Buyer Down Payment: $7,000
15% Seller Financing: $10,500
75% Bank Loan: $52,500

With assets partially collateralized on the bank loan, a $7,000 down payment could yield a net operating income of $28,940 the first year, equaling a 413% return on investment.

With a full, dedicated staff in place, this opportunity to own a bakery and quick-service restaurant has endless growth opportunities. Under current hours of operation, the focus is on providing breakfast and lunch along with catering options. The owner has built up a strong customer base within Grand Island and the surrounding communities, resulting in solid sales.

There are 11 employees, including 3 full-timers and 8 part-timers. Key staff people are in place who can help manage daily operations. The current owner is responsible for payroll, ordering, inventory, scheduling and assisting during peak hours. With franchise support, a buyer could easily increase sales by developing marketing, creating a catering and wholesale business plan and extending the current hours.

Operating the business for almost 2 years, the current owner has decided to pursue other job opportunities, and they are not able to devote as much time as they would like to the business. The bakery is priced at $70,000, and with a 10% down payment, the first year's net operating income could be $28,940, or a 413% return on investment.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $371,489
Cash Flow:   $40,268
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $39,000
Seller Financing:  Yes

About The Business

Year Established:  1997
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  90 day transition period
Reason For Selling:  Seller doesn’t have time to devote to the increase in business




Print Listing Id: 700270449
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


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 > Nebraska Businesses For Sale > Nebraska Franchises For Sale > Nebraska Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700270449
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.