Fresh Bakery Café Combined with Retail
Asking Price: | $499,000 |
Gross Revenue: | $253,645 |
FF&E: | $100,000 |
Established Year: | 1957 |
Cash Flow: | $58,754 |
Inventory: | $20,000 |
Real Estate: | $350,000 |
Full bakery, café, and coffee bar, serving breakfast and lunch intertwined with a retail store that features locally made products. This business is the epitome of small town living at its best and is strongly supported by the local community as well as visiting tourists. The seller recognizes a very significant opportunity for business expansion to include dinner service paired with possibly a liquor license/service, as well as more weddings and catering events to meet the current strong need in an area that presently offers little to no competition. The Meals on Wheels partnership has been an ongoing contract for about 17 years. The building has been maintained and updated with all new windows and doors, new LED lighting on the business floor, and a new HVAC. The living quarters is on the second floor above the business and features historical details from the original opera house. The property also includes a private lot with a detached double stall garage and separate private entrance into the building. Overall, this is a unique property complemented by a long-standing business with tons of growth potential! For additional information please contact listing agent Scott Kranz at 605-413-1871 or scottk@fcbb.com