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For Sale: Bakery And Coffee Shop - Monterey County

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Current Status: Active     Posting #: 244999     Last Refreshed: 3/26/19     BRE License #: 01161050    
Contact: Datta Khalsa At 831-462-4000 , 831-818-0181  -  Also Email This Contact Below
Price:  $425,000     Down:  Call     Adjusted Net:  Call     Revenue:  $851000    
Business Address:  None Given     City:  Carmel by the Sea     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  Yes

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For Best Results & Response, Email & Phone This Contact: Datta Khalsa at 831-462-4000 and 831-818-0181.

  Description About This Posting: Bakery And Coffee Shop
Beloved family-owned bakery and coffee shop, serving fine deli items, soups and pastries all made from scratch and serving locally sourced premium coffee and ice creams as well. Prime location with great exposure and high foot traffic at the top of Ocean Avenue, right by Devendorf Park.

This is the first cafe everyone encounters as they arrive into the world-class destination of carmel-by-the-sea with its bustling shops, galleries and restaurants. This has been a popular spot for locals and tourists alike for over 60 years with minimal advertising. Staff ranges between 15 and 24 depending on season, and includes trained bakers plus friendly barristas. Owners are selling for health reasons.

Over the past 11 years, the current operators fully renovated all equipment and the dining area of the 1265 SF Premises. Facility includes hood, ovens, refrigeration, and water filtration system. Front of house is very upscale with Italian tile, granite counters, multiple deli cases and ice cream freezer display case. Operated with Micros POS system.

Annual Sales have averaged $961,329 with Adjusted Net of $148,512 over past 3 years. Business enjoys a great lease at below-market rent with 10 year extension @ $8,200 per month plus $2500 per year NNN.

'Price does not include approximately $15,000 inventory, to be purchased separately.

To get more information about this Bakery And Coffee Shop business for sale in Monterey County please phone Datta Khalsa (Broker - BRE License #:01161050) at 831-462-4000 and 831-818-0181 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #244999 on BizBen.com. In addition to phoning Datta Khalsa, make sure you email Datta Khalsa above to get more info about this Bakery And Coffee Shop, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

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Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.


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