Turnkey, Profitable Five Star Bakery & Deli

San Luis Obispo, CA
Turnkey and profitable
Asking Price:$259,000
Gross Revenue:$324,050
Rent:$1,683.46/Month
Established Year:2021
Cash Flow:$118,000
Inventory:$3,640
FF&E:$171,959
BUSINESS DESCRIPTION

Opportunity to own a profitable and completely turnkey bakery with deli offering. Located in prime downtown area on charming street with high foot traffic and surrounded amongst downtown businesses. Established repeat cliental and preferred vendor for many local businesses. Highest reviewed bakery in San Luis Obispo on Google and Yelp. Established social media presence and comprehensive website. Included in sale; all recipes, equipment, furniture, and merchandise. Reasonable lease in place until September with option to renew. Owner willing to stay on and train.


DETAILED INFORMATION
Location
San Luis Obispo, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
700
Lease Expiration
30/09/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully built out in 2021 this pristine space located on the best block in downtown San Luis Obispo is attractive and inviting. Current lease goes to 09/30/25 with Option to renew for 3 additional years.The rent includes base rent of $1,683.46 + CAM fees $745.15 + Trash, Water, & Gas. The space is approximately 700 sq ft plus a shared restroom on the back patio. The build out includes quality name brand equipment including Blodgett Stackable Commercial Convection Ovens and Federal Deli/Refrigerated Beverage Case all included in the purchase.
Competition
The market conditions for this business are excellent as the business has an excellent reputation , offers bakery and deli items for pre order and walk in traffic as well as is a preferred vendor for commercial businesses & institution.
Support & Training
Seller can offer training and consultation.
Reason for Selling
Seller want to pursue other interests.
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Antoinette
Payne
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Antoinette Payne