House of Bread

Anchorage, AK (Anchorage County)

House of Bread/Anchorage
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Asking Price: $450,000

Cash Flow: N/A

Gross Revenue: $1,049,193

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $13,225,000 /Month

Established: 2010

House of Bread

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Business Description

Great opportunity to own one of the best Bakery/Cafe’s, Anchorage has to offer. House of Bread has been in operation for 7 years, and they have shown a steady increase in revenue during that time period. The Bakery is well known in the community for their excellent Breads and Pastries, plus their well laid out Cafe’ for those wishing to sample their daily menu. The House of Bread is a national franchise based out of San Luis Obispo, CA.

Detailed Information

Location:
Anchorage, AK
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
5/31/2021
Employees:
16
Facilities:
House of Bread Bakery and Cafe is located in a strip mall type setting, in one of the busiest shopping areas in Anchorage.
Competition:
House of Bread is the premier Bakery in South Anchorage. The revenue has increased every year for the last seven year.
Growth & Expansion:
The sellers have just added a satilie location and it is doing very well and has help increase the annual revenue. There is an opportunity to add another House of Bread in the Anchorage area. Buyer would need to work with the Franchise to determine area and costs.
Support & Training:
Sellers want a new buyer to be successful and continue to provide the same great product and service, so they are offering a 30 day training period.
Reason for Selling:
Sellers are looking at a new opportunity.
Franchise:
This business is an established franchise
Business Website:
http://houseofbreadanchorage.com
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(from currently available funds)
 
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Joseph Miller

Business Listed By:
Joseph Miller

RE/MAX Commercial

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