Specialty Retail Baker – Popular Product line

Portland, OR (Multnomah County)

Specialty Retail Baker – Popular Product line

Asking Price:$170,000

Cash Flow:$137,000

Gross Revenue:$690,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2006

Specialty Retail Baker – Popular Product line

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Business Description

NEW PRICE!!
Established in 2006, offering retail revenues, catering revenues as well as popular with wedding events, the business is vibrant. The Seller has all systems, recipes, contacts, customer lists, assets, key people and branding in place in order for a Buyer to step in and operate the business with minimal interruption to the operation. The reputation is stellar and the financial results are excellent. The Seller is committed to providing a smooth training/transition period. Hours of operation are AM – early evening 7 days a week.

Detailed Information

Employees:
11 ft & pt
Facilities:
Primary location in Portland Westside is approximately 900 sq ft. This houses the baking facilities for both locations and a busy retail shop. The NE store, approx. 470 sq ft, is retail only. Both stores are attractive and high foot traffic locations. The facilities are fully equipped and physically capable of generating considerably greater revenues. The current Lease terms goes through 2017 and can be extended depending on the strength of the prospective tenant. The current Lease rate for NW is a total of $2,350/mo, plus NNN (approx. $600). The shop in NE has a Lease rate of $1,035/mo plus NNN ($300). The Lease goes through August 2021).
Competition:
Popular Specialty niche products with a few competitors enable this business healthy growth potential
Growth & Expansion:
Can expand in the Private event space or can add retail locations. Both very promising opportunities.
Support & Training:
Seller will provide a comprehensive transition
Reason for Selling:
Different personal direction

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David Marlin

Business Listed By:
David Marlin

Marlin Group

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