Semi-Absentee Gourmet Dessert Retail Bakery w/Real Estate

Description

For the last 10 years, this gourmet bakery has been crafting sought-after special occasion desserts serving the greater Portland area with multiple locations. They own the recently remodeled production/retail location which is included in the purchase price. The other locations are leased. This business has a General Manager who runs the day to day and the current owner only works approximately 5 hours/week. There are 15-20 employees staffing the production and retail locations. This business has a robust website, strong social media presence with greater than 10,000 followers and great Google reviews. They have proprietary recipes and proven systems in place with a streamlined order policy resulting in improved efficiency and customer satisfaction. This business is "Franchise Ready" with the necessary documentation drafted for someone who wants to expand with this business model. It is not currently a franchise but independently owned. The business is priced at $699,000 and Real Estate is offered at $1,500,000. It is SBA pre-qualified.

Listing Details

• Listing Number: 61523-785068
• Location: Multnomah County, Oregon
• Price: 2,199,000.00
• Down Payment: 2,199,000.00
• Sellers Discretionary Earnings: 363,687.00
• Category: Restaurants


• Inventory: 29,000.00
• FF&E: 277,050.00
• Employees: 18
• Years Owned:
• Reason for Selling: Other Projects