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Newly Remodeled Bakery Restaurant

Farmington, NM (San Juan County)

Great Harvest Bread Company for Sale
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Asking Price: $150,000

Cash Flow: $13,733

Gross Revenue: $548,269

EBITDA: N/A

FF&E: $140,615

Inventory: $7,500

Rent: $4,500 /Month

Established: 2011

Newly Remodeled Bakery Restaurant

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Business Description

Unique opportunity to own a bakery restaurant serving a variety of breakfast items including a full line of hot and cold sandwiches, soups, salads, coffees, goodies and breads. The facility was remodeled late in 2017 which almost doubled the square footage allowing for additional equipment to expand the offering to include hot sandwiches, espressos and a conventional oven for hard crusted bread. Now profitable after only a couple of years of ownership, the systems and assets are in place to accommodate growth. Rent is currently $4,500 per month and the facility has seating for 45 inside and 30 outside. Staffing requirements are about 12 part-time employees with the holidays requiring a few more. This business can be owned as a Franchise with Great Harvest Bread Company or with your own name and recipes in a clean, modern and highly visible facility.

Detailed Information

Location:
Farmington, NM
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,400
Lease Expiration:
10/31/2021
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Rent is currently $4,500 per month and the business is responsible for everything inside the doors. The landlord is responsible for everything exterior including heating and cooling units. There are 45+ seats inside and about 30 more seats outside. Recent remodel was over $400,000.
Support & Training:
Yes
Reason for Selling:
Family, other interest
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(from currently available funds)
 
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Charlie Cole

Business Listed By:
Charlie Cole

Cole & Company, Inc.

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