Last Revised: 9/13/19. Posting #: 255482
Key Words: bakery, cafe, bistro, sacramento
Financial Info: Price: $190,000. Annual Revenues: $314,000. Lease to 2024. Total Rent is only $2,158/month.
Profile: This successful Bakery Cafe is just the kind of place to enjoy a perfect espresso and weekend afternoon with a paper on the patio while people watching. It has an established reputation for its quality baked goods and offers a turn-key opportunity for the next owner. The Bakery Cafe also benefits from its location in a desirable area with higher than average incomes and great foot traffic.
The owners have created an inviting space that attracts locals as well as patrons from beyond the immediate area. The cafe features a lovely variety of baked goods, pastry, and tempting cakes- all made in house - as well bistro fare for breakfast and lunch. Fine coffee and espresso round out the menu.
The cafe is approximately 2,700 sq. ft. with a full kitchen including a hood with Ansul and a production baking oven, as well as a full kitchen with all of the equipment you need. The kitchen is in immaculate condition and the staff are trained to work clean, so this is really turn key with no deferred maintenance or bad habits to break. The hood system, water heater, grease trap and flooring have all been replaced or updated within the last two years.
The cafe is tastefully decorated in a nice bistro style and there are plenty of display cases for baked goods. The cafe has seating for about 50 inside + about 12 on the small patio area. The sale includes a Type 41 Beer & Wine license which includes the patio.
The cafe has a great lease in place until 2024 and the Total Rent is only approximately $2,158/month.
Besides in-house sales, this is a dynamic business with room to grow in several different directions including wholesale and/or catering. The next owner could also grow the cafe side of the business by adding dinner hours a few nights per week a feature which the regulars would like very much to see added.
The 2018 Sales were a little over $314K, and it was profitable.
The owners are very pleased with the business and the connections they have built within the community, but changes in family demands and a long commute means the time has come to sell. This would make a great business for someone with previous restaurant and/or baking experience. There are kitchen staff with knowledge of the techniques and recipes that will likely stay on with a new owner, and the sale includes training time with the chef owner to learn the recipes and transition the business.
Interested? Please contact the Broker to request additional details.
Tours are available by appointment only with the Broker. Please Do Not Disturb the staff.
We look forward to talking with you about this exciting opportunity!
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
View All Related Resources & Advisors For This Posting
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
Profile: Business value has a different meaning depending on the purpose of the parties involved in the transfer. John Byrne, CPA, Business Valuation Expert explains three different methods for valuing a business: Investment Value, Fair Market Value and Fair Value.
Key Words: business valuation, valuing a business, selling a business, sell a business john byrne
Profile: BizBenNetwork Manager Jordan Green explains the importance of keeping the potential sale of a business confidential and provides business owners with helpful ways to successfully keep their business’s sale a secret, as well as the consequences for disclosing a business’s sale prematurely.
Key Words: confidential, confidentiality, selling a business, non-disclosure agreement, business owner, owner/seller, owner seller, seller, qualified buyer, business broker, business brokers, nda, jordan green
View Related Blog Posts For This Posting
Profile: Business sellers and brokers & intermediaries utilize disclaimers on postings to help protect themselves from potential liability during and after the sale of a business. Our Facilitators are asked frequently, "What is a good example of disclaimer text to utilize in a Posting?" We share examples.
Key Words: disclaimer, disclaimers
Related Discussions For This Posting
Comments & Replies: 1 Topics: buying a business, due diligence
Profile: It's no secret that both small and large restaurant purchases are sometimes tricky to pull off & can be difficult to determine if a deal is a good one to move forward with. BizBenNetwork Members weigh in with critical investigative components & tips of buying a restaurant in the due diligence phase.
Key Words: restaurant, restaurants, due diligence, joe ranieri, cafe, deli, bar, bars, fast food, coffee, sandwich, poke, mexican, asian, cafes, delis
Comments & Replies: 11 Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers
View All Discussions
Comments & Replies: 22 Topics: for sale by owner, legal issues, selling a business
Profile: A business owner/seller on BizBenNetwork just posed this question to me in a BBN Facilitator Session: “What are the best practices for avoiding lawsuits, possible litigation when selling a business?” In this discussion, we discuss many angles and ideas on this topic for sellers, brokers, and agents.
Key Words: selling a business, legal, attorney, sell a business, legal issues