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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.


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

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