Turn-Key Cafe & Bakery for Sale

Oxford County, ME (Relocatable)

Turn-Key Cafe & Bakery for Sale
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Asking Price: Get Financing: $95,000

Cash Flow: $54,942

Gross Revenue: $287,131

EBITDA: N/A

FF&E: $42,000

Inventory: $4,300

Lease Rate: $950 /Month

Established: 2005

Turn-Key Cafe & Bakery for Sale

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Business Description

This bakery / café is an excellent, established business with strong & reliable customer base. Even though it's a relatively rural location, the systems in place & excellent customer service have built a solid, profitable foundation for you. Moreover, the owner has taken care to put policies & procedures in place, as well as painstakingly recording each proprietary recipe in 4 well-organized binders. This is a true turn-key opportunity!
It resides in an EXCELLENT location on a main commuting street, part of an active strip mall with other tenants that ensure a high traffic count and great visibility. The fit-out is well designed for the space - an entry opens up into the dining area, with coffee and pastries visible & welcoming in customers. The dining area is well-lit with large windows to the outside, seating 20+. Well-proportioned kitchen, walk-in fridge, and office space – ideal for a small business owner.
There are plenty of opportunities for a new owner to expand services and increase revenue. Reach out and touch base today to learn how you can buy yourself your next job!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
N/A
Employees:
4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Café resides in an excellent location, part of an active strip mall and directly behind a Shell service station & car wash that ensures a high traffic count and great visibility. The fit-out is well designed for the space - an entry opens up into the dining area, with coffee and pastries visible & welcoming in customers. The dining area is well-lit with large windows to the outside, seating 20+. A wrap-around service counter divides the dining area from the bakery & kitchen, which is open for easy customer interaction. The bakery is thoughtfully laid out for ease of production. Through a door in the rear of the bakery, a wall separates the front area from the back, which has dry storage, a large walk-in refrigerated room, several top-loading freezers, and a small office area.
Competition:
Excellent established business with strong & reliable customer base. The owner estimates 95% of customers are known by name by one of the long-time employees! Even though it's a relatively rural location, the systems in place & excellent customer service (4.8 / 5 stars on Google reviews, 4.5 / 5 stars on Yelp, & 4.8 / 5 stars on Facebook!) have built a solid, profitable business. An EXCELLENT location on a main commuting street, and situated behind an active gas station, this little cafe has become a market mainstay. Growth opportunities may be limited, but are unnecessary, so long as it continues to cater to the satisfied local customer base.
Growth & Expansion:
Currently closed on Sunday & Monday, additional staffing could expand the operational hours. Furthermore, an untapped revenue stream would be in selling cakes & pastries to catered events; the demand exists and has been satisfied only to the level that the owner is available to do so. Limited marketing & reliance on word-of-mouth may also be a limiting factor that could be changed to bring new growth to the business.
Support & Training:
Some support & training available. The owner has taken care to put policies & procedures in place, as well as painstakingly recording each proprietary recipe in 4 well-organized binders. This is a true turn-key opportunity!
Reason for Selling:
Owner has other opportunities closer to home.
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Raynor Large

Business Listed By:
Raynor Large

Magnusson Balfour Commercial & Business Brokers

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Sponsoring Broker:
Scott Balfour

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