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For Sale: Bakery And Cafe - Located In A High Tourism Spot - Nevada County, California

$349,000.00

Asking Price

  • Status: Active

  • Posting ID: 287878

  • 1/8/25

Nevada County Bakery And Cafe - Located In A High Tourism Spot Business For Sale

Description

Incredible Bakery and Cafe Located In An Extremely High Tourism Spot - SC2193


Financial Information
Asking Price: $349,000
Cash Flow: $120,000
Gross Revenue: $1,200,000
Down Payment: $349,000
 
This Northern California based Bakery and Cafe is a California Limited Liability Company that has been in operation for the past 7 years under current ownership. Located in an extremely popular tourist location in Northern California, in the downtown central district, they are known for their incredible array of baked goods made from scratch. They recently have expanded their space and now offer a kitchen café serving breakfast all day as well as brunch fair and sandwiches, salads and shareables. Known in the community and well established and centered in the tourist district in a beautiful Northern California destination location, this business is ready for growth and expansion under a new owner! The business does have a Type 41 (Beer and Wine) ABC Liquor License that stays with the lease.

Business Location
City: Northern California
State: California

Reason for Sale
The reason for selling is the Seller would like to pursue other interests.

Detailed information
Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 6
Part-Time Employees: 14
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $7,500
Monthly Rent: $10,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2300
FF&E Included?: Yes
FF&E Value: $120,000

Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Market Outlook/Competition
The North American bakery product market witnessed significant growth in the past and is expected to grow at a CAGR of about 4.4 % during the forecast period (2023-2032). The market size was valued at $234.5 Billion in 2022. The driver of the growth is consumer preferences, urbanization and the fast pace of modern life.

CA 02100708
NV 1003039

To get more information about this Bakery And Cafe - Located In A High Tourism Spot business for sale in Nevada County please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287878 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Bakery And Cafe - Located In A High Tourism Spot, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.

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Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-981-7799 Text

Details

  1. Asking Price: $349,000.00

  2. Down: $349,000.00

  3. Cash Flow: $120,000.00

  4. Revenue:    $1,200,000.00

  1. Area: Nevada County

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & Support

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Related Links & Information Regarding This Posting

Email Adriana Sargent Below About This Posting


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