Bakery

Oakland County, MI

Seller Financing Available

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Asking Price:$249,000
Gross Revenue:$319,324
Rent:$2,100/Month
Cash Flow:$81,751
Inventory:$15,000
Established Year:1978
BUSINESS DESCRIPTION

This is a great opportunity to own a unique, German Bakery located in the Tri- County area of Michigan. Established in 1978, this 1,173 sq. ft., this bakery is located on a highly traveled road surrounded by plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent operating condition and maintained/serviced regularly. This bakery specializes in a wide variety of European style baked goods including Cookies, Specialty Cakes, Tortes, Chocolate Truffles, Pastries, Flans and more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening on Monday’s, extending the hours, adding breads, additional items, advertising to Bridal Shows, Country Clubs, Golf Clubs, Upscale Hotels, Expand on Territory, Corporate & Wholesale Accounts, you have unbelievable HUGE potential. Nice cashflow! A must see/must have bakery with endless possibilities! Owner will train and entertain all reasonable offers! Will not last long! Call Armen Nazarian Business Brokers


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,173
Employees
4
Facilities
All equipment is in excellent operating condition and maintained/serviced regularly. This bakery specializes in a wide variety of European style baked goods including Cookies, Specialty Cakes, Tortes, Chocolate Truffles, Pastries, Flans and more.
Growth & Expansion
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening on Monday’s, extending the hours, adding breads, additional items, advertising to Bridal Shows, Country Clubs, Golf Clubs, Upscale Hotels, Expand on Territory, Corporate & Wholesale Accounts, you have unbelievable HUGE potential.
Financing
$249,000 with $125,000 down. 8% int., amortized over 60 months
Support & Training
Seller will Train
Reason for Selling
Retirement
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Armen Nazarian