Retail - Other Eating & Drinking Places | Retail - Other Food Stores

Asking Price	$111,500	Inventory	$55,000*
Gross Income	$468,736	Real Estate
Cash Flow	$29,773	Year Established	1981
FF&E	$150,000*	Employees	4 ft 1 pt

* included in the asking price

** not included in the asking price

A great business opportunity. From a regional perspective, the Northern Nevada area comprised of Reno, Sparks, Carson City and Lake Tahoe is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. This high desert region nestled at the base of the Sierra Nevada mountain range is consistently ranked as one of the top places in America to live and do business because of it s diversified economy, desirable climate, and quality of life. In quality of life studies, Men's Journal Magazine ranked Reno eighth among America's "50 Best Places To Live" and Cities Ranked and Rated Magazine named Reno ninth out of 331 cities among the best places to live. From a business perspective, Forbes Magazine ranks Reno 25th out of 150 cities for doing business. The Forbes/Milken Institute ranks Reno 26th out of 200 cities in their study "Best Performing Cities: Where America's Jobs Are Being Created". As a State, Nevada is also highly regarded. For example, Nevada was recently voted the best small business state in the country by the Washington-based Small Business Survival Committee. Secondly, The Center for Women's Business Research ranked Nevada third in the nation for growth in Women-owned firms.

Facilities: Downtown Reno in old house. Fabulous location for this type of business. It has 3,510 usable s.f. at 40 cents per s.f. Great Rent. May do a lease option to buy. People come from all over for the bakery goods, and they do a lot of weddings. They sell gift items, cards, candles, small things, and a few flowers.

Competition: They are the only bakery in town that delivers. Mix with gift items, baked goods, a few flowers, and you have a really great opportunity!

Growth/Expansion: One should expand into wedding cakes again. At one time she was doing 10-15 per week with an average sale of $1,000. That is a large increase.

Financing: All Cash

Support/Training: 30 Days of training. This is a full time bakery and has been for over 8 years.

Reason Selling: Retirement