Bakery and Coffee shop

Augusta, WI

Seller Financing Available

listing image
Asking Price:$89,000
Gross Revenue:$175,000
Rent:$950/Month
FF&E:$58,000
Cash Flow:$79,200
Inventory:$4,700
EBITDA:$84,500
Established Year:2012
BUSINESS DESCRIPTION

Great opportunity to move into well-established local Bakery & Coffeeshop for a baker with desire to grow from home/cottage baking or employment into a retail store with great visibility and proven sales! This place is ready for the new owner, who is passionate about baking and has some experience. Bakery is set up to produce premium quality fresh products lineup by small crew (1 full time baker and some part-time help - sales clerks, bakery assistants. Work week is Wednesday through Saturday, with 3 days off. Most of the products we sell are made from scratch, including donuts, cookies, breads, buns, puff pastry, laminated dough. In addition to main product lineup there's small batch projects added to bring variety and seasonal flavors. There are display fridge and freezer to sell frozen cakes, pies and desserts.
Bakery has active online accounts to promote products, web site, registered in all main search platforms, on many local and national bakery lists.
Price includes all equipment (most are replaced in last 4 yrs.), tools, inventory (ingredients and packaging), and business. We have full set of adjustable recipes with price calculations in Xcel formula sheets, annual marketing materials, sales data & plans, website and all social media accounts and database registrations, supplies & services vendors lists.
Bakery located in its own building, new owner will get a new lease with first month's payment waved. We will offer training and full support during sale, including seller's assistance with financing.


DETAILED INFORMATION
Location
Augusta, WI
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
31/12/2024
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Bakery is a 1400 sq ft one story building on the city's main street /hwy with storefront, production and storage areas. It was fully renovated in 2016. New storage addition, new metal roof, remodeled shop front, newly installed air heater/conditioner, new displays, freezers, fryer hood & vent.
Competition
Same category baked goods are offered at local grocery stores and gas stations, but quality and price point are not the same.
Growth & Expansion
High demand for retail bakery items and espresso coffee. There are more new wholesale accounts requests, special event caterings, easy to add cafe & deli services.
Financing
Financing or purchase/lease option for qualified buyers with down payment.
Support & Training
Initial 1 week of training - to get through full week's production and sales, is included with sellers' presence full time. On-call consulting will be available up to 30 days. All baking and coffee recipes are organized into Excel formulas, plus marketing materials files, photos etc. Assistance with POS system transfer.
Reason for Selling
Retirement

BUSINESS LOCATION
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Natalya Chaffee
Natalya Chaffee