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Alameda County, California
Asking Price
$120,000
Revenue
None Given
Down
None Given
Cash Flow
Call/Email
Name: Catalina Kim
Phone: Show phone number
Name
Catalina Kim
Phone
Show phone number
Posting ID:
168094
Attributes:
Broker Cooperation
Training And Support
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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 02282967 NV B.1003039.LLC NV BUSB.0007191
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World Traveler Coffee National Franchise Opportunity - SC2192 Financial Information Asking Price: $234,000 Cash Flow: N/A Gross Revenue: N/A Down Payment: $234,000 World Traveler Coffee (WTC) is beginning their Franchise adventure and are looking for entrepreneurs or acquisition targets to help grow their presence and brand nationwide. WTC is looking for not only single franchise owners, but area developers as well. Established in 2016 as a high-end coffee shop and roastery with the first store opened in 2019 in Roseville, CA, they have expanded to 6 company owned locations and 4 franchisee locations which are in various states of build out. Their Mission is to serve the finest, hand-crafted coffee while delivering an unparalleled hospitality experience that exceeds customer expectations. They are committed to quality and to creating a welcoming environment where every customer feels valued and appreciated. Their Vision is to be the leading high-end coffee chain recognized nationally for their exceptional coffee, innovative offerings and unmatched customer service. WTC’s vision is to expand nationally as a premier coffee chain. The total investment necessary to begin operations of a single World Traveler Coffee Café ranges from approximately $234,000 to $286,000 dependent upon the location and the size of the space. This investment includes initial inventory, training, marketing support, etc. The franchise fee is $35,000, and you will need to have liquid capital of $150,00 and a net worth of $350,000. Royalty fees are 5% of gross sales. Advertising fund is 2% of gross sales. Products must be purchased directly from World Traveler Coffee. The café must be open within 1 year after signing your Franchise Agreement. What makes a World Traveler Coffee Franchisee successful? • Offer a unique and diverse menu to cater to all communities including in house bakery and pastries • Extensive training and support cover all aspects of the business – from coffee preparation to customer service, inventory management, marketing, effective staff management, including hiring, training, scheduling and performance management • Continuous support including operational assistance, marketing campaigns and access to their expert team • Provided technology solutions, such as a point-of-sale (POS) system and inventory management tools • A Mobile App that is easy to use, Innovative, intuitive, and visually appealing. The app has intuitive navigation that allows users to interact with the app seamlessly. • Financials management tools to help manage performance, budgets and generate reports • Detailed operational manuals and regular training sessions Who is the ideal candidate? • Prior small business ownership an advantage • Sufficient financial resources • Franchisees who want a partnership with their Franchisor • Alignment with brand values, mission and culture • Ambitious, Dedicated, Right Attitude and Realistic Expectations • Proven track record of customer-centricity, and a strong adherence to quality standards Business Location City: Folsom State: California Reason for Sale Expanding a new franchise concept across the United States. Detailed information Year Established: 2016 Home Based: No Franchise: Yes Relocatable: No Lender Prequalified: No SBA Prequalified: No Part-Time Employees: N/A Contractors: N/A Owner Worked Hours/w: 30 Adjusted EBITDA: N/A Inventory Included: No Monthly Rent: On request Real Estate Available: No Real Estate Included: No Real Estate Value: N/A FF&E Included?: No Training/Support Extensive training and support cover all aspects of the business – from coffee preparation to customer service, inventory management, marketing, effective staff management, including hiring, training, scheduling and performance management Market Outlook/Competition The global specialty coffee market size was estimated at $21.92 Billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2023 to 2030. The demand for specialty coffee has been experiencing significant growth in recent years, with numerous factors contributing to this growing interest CA 02282967 NV B.1003039.LLC NV BUSB.0007191
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