Semi-Absentee Bakery w/New Commercial Kitchen RE

Multnomah County, OR
Asking Price: $1,800,000
Business For Sale Details
Listed on Jan 11, 2024(Renewed on Jan 2, 2025)

Semi-Absentee Bakery w/New Commercial Kitchen RE, Prime Location

For the last 10 years, this gourmet bakery has been crafting sought-after special occasion desserts serving the greater Portland area with multiple locations. They own the recently remodeled production/retail location which is offered in the purchase price. The other locations are leased.

This business has a General Manager who runs the day to day and the current owner only works approximately 5 hours/week. There are 15-20 employees staffing the production and retail locations.

This business has a robust website, strong social media presence with greater than 10,000 followers and great Google reviews. They have proprietary recipes and proven systems in place with a streamlined order policy resulting in improved efficiency and customer satisfaction. This business is "Franchise Ready" with the necessary documentation drafted for someone who wants to expand with this business model. It is not currently a franchise but independently owned.

The business is priced at $300,000 and Real Estate is offered at $1,500,000. The seller will consider a note for the business for qualified buyer prospects.

It is SBA pre-qualified.

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Financials (USD)

Asking Price $1,800,000

Cash Flow $165,678

Sales $962,451

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Yes

Relocatable? Available On Request

Real Estate? Available On Request

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