MergerPlace

The Favorite Neighborhood Bakery

Washington (King)


  • Asking Price: $275,000
  • Gross Income: $510,158
  • Cash Flow: $113,681
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $50,000
  • Listing ID: #221529
  • Established: 1936
  • Employees: 2 FT / 9 PT

Business Description

One of a kind turn-key bakery in Seattle. Popular local bakery is the unofficial community cornerstone. It is the jewel of this prosperous neighborhood providing unwavering support. Families have been coming for generations for daily fresh-baked goods. Reputation for mouth-watering pastries and friendly service allow this business to flourish. Impressive ratings and positive online reviews. Going Forward it will continue to flourish and even grow--people around have secure jobs and value their local bakery including a take-out walk-up window. Perfect for an Owner Operator. Employs 2 bakers to backup Owner.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Washington
County: King

Company Information

Year Established: 1936
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 9 PT

Financial Information

Asking Price: $275,000
Gross Revenue: $510,158
Cash Flow: $113,681
FF&E: $50,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

This classic bakery is an attractive neighborhood storefront offers a walk-up window, outdoor and indoor seating for its handmade delicious treats.

Growth & expansion opportunities:

The potential is even greater than the past. Adding product, more online ordering, Doordash, will meet the needs and requests of the neighborhood.

Competition:

It is The Place to go in the neighborhood and well located on the way to ferry dock.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost Features breads, doughnuts, cookies, pies, coffee cakes and pastries proudly baked each day. The place to start your day right with a latte and a golden, perfectly glazed apple fritter or pick-up from its huge selection. Provides phone, online ordering and catering as well.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Judy Elrod

Murphy Business Brokers