Turn-Key Cafe & Bakery
$85,000
Business description
This bakery / café is an excellent, established business with strong & reliable customer base. Even though it’s a relatively rural location, the systems in place & excellent customer service have built a solid, profitable foundation for you. Moreover, the owner has taken care to put policies & procedures in place, as well as painstakingly recording each proprietary recipe in 4 well-organized binders. This is a true turn-key opportunity!
It resides in an EXCELLENT location on a main commuting street, part of an active strip mall with other tenants that ensure a high traffic count and great visibility. The fit-out is well designed for the space – an entry opens up into the dining area, with coffee and pastries visible & welcoming in customers. The dining area is well-lit with large windows to the outside, seating 20+. Well-proportioned kitchen, walk-in fridge, and office space – ideal for a small business owner.
- Asking price $85,000
- Cash flow $54,942
- Gross Revenue $287,131
- EBITDA N/A
- FF&E $42,000 (included in asking price)
- Inventory $4,300 (included in asking price)
- Lease Rate $950 / Month
- Established 2005
- Building SF 1,700
- Lease Expiration N/A
- Employees 4 FT
- Facilities This Café resides in an excellent location, part of an active strip mall and directly behind a Shell service station & car wash that ensures a high traffic count and great visibility. The fit-out is well designed for the space - an entry opens up into the dining area, with coffee and pastries visible & welcoming in customers. The dining area is well-lit with large windows to the outside, seating 20+. A wrap-around service counter divides the dining area from the bakery & kitchen, which is open for easy customer interaction. The bakery is thoughtfully laid out for ease of production. Through a door in the rear of the bakery, a wall separates the front area from the back, which has dry storage, a large walk-in refrigerated room, several top-loading freezers, and a small office area.
- Competition Excellent established business with strong & reliable customer base. The owner estimates 95% of customers are known by name by one of the long-time employees! Even though it's a relatively rural location, the systems in place & excellent customer service (4.8 / 5 stars on Google reviews, 4.5 / 5 stars on Yelp, & 4.8 / 5 stars on Facebook!) have built a solid, profitable business. An EXCELLENT location on a main commuting street, and situated behind an active gas station, this little cafe has become a market mainstay. Growth opportunities may be limited, but are unnecessary, so long as it continues to cater to the satisfied local customer base.
- Growth & Expansion Currently closed on Sunday & Monday, additional staffing could expand the operational hours. Furthermore, an untapped revenue stream would be in selling cakes & pastries to catered events; the demand exists and has been satisfied only to the level that the owner is available to do so. Limited marketing & reliance on word-of-mouth may also be a limiting factor that could be changed to bring new growth to the business.
- Support & Training Some support & training available. The owner has taken care to put policies & procedures in place, as well as painstakingly recording each proprietary recipe in 4 well-organized binders. This is a true turn-key opportunity!
- Reason for Leaving Owner has other opportunities closer to home.