Established bakery/café for immediate sale

North Kingstown, RI (Washington County)

Seller Financing Available
Established bakery/café for immediate sale
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Asking Price: $55,000

Cash Flow: $50,000

Gross Revenue: $275,000

EBITDA: $30,000

FF&E: N/A

Inventory: N/A

Established: 2011

Established bakery/café for immediate sale

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Business Description

Great Harvest Bread Co franchise in North Kingstown, RI is being offered for sale. Has been in business for 8 years, during which time we have developed a strong loyal following both in our shop and at several farmers markets in the area. This is a great opportunity for the right person, we have invested a tremendous amount of time and energy building the business and would love to see it continue to grow. We are selling because of other business interests that are requiring all of our time and energy at this time. Buyer is not required to continue to operate as a Great Harvest Bread Co. Will consider some amount of owner financing for the right person.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Facilities:
Fully equipped, 25 pan revolving tray oven, 40qt Hobart mixer, Meadows Mills stone grain mill for milling flour, coffee equipment, sandwich cooler. Turnkey operation. 1800sf of space with signed lease through 3/22.
Competition:
There is competition from other quick service cafe chains and independent shops but the quality of the product and the support of the Great Harvest "freedom franchise" system is a huge asset.
Growth & Expansion:
There is much potential for growth in catering sales with the Quonset Point Business Park less than a mile away.
Support & Training:
Buyer will have to complete Great Harvest new owner training and be approved as a viable candidate by Great Harvest Franchising. Seller willing to train as well.
Reason for Selling:
Owner has other business interests that require full attention and energy.
Franchise:
This business is an established franchise
Business Website:
http://greatharvestnk.com
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Business Listed By:
PAUL DIBIASE

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