Last Revised: 9/13/19. Posting #: 241963
Key Words: bakery, cafe, la bou, sandwich, coffee, franchise, sacramento
Financial Info: Price: $299,000. Adjusted Net: $88,192. Annual Revenues: $797,044. Royalty is only 3%. Bank Financing, SBA Loan may be possible for a qualified Buyer with good credit and about 25% cash down payment. Rent is approximately $7,075 + $2,000 CAM/NNN = $9,075/month.
Profile: We are pleased to offer this long-established and profitable La Bou Franchise business in an excellent area! La Bou franchises are well known as excellent breakfast & lunch cafes. They have a menu that features, deli style sandwiches, fresh salads with signature dressings, housemade soups, fresh croissants, bagels and baked goods, and fine espresso and coffees. The franchise royalty fee is a reasonable 3% which keeps more of the profits with the owner as compared to some other similar coffee and sandwich brands. This La Bou location does high sales volume and is profitable with 2018 Sales over $797K and a Net Income of $88K! The restaurant a history of being profitable so an SBA loan may be possible for a qualified Buyer with good credit and about 25% cash down payment.
The restaurant is approximately 4,485 sq. ft. with seating for approx 89 + 14 on Patio. Rent is approximately $7,075 + $2,000 CAM/NNN = Total Rent $9,075/month. The interior has been d recently, so the franchise will not require additional investment. The dining space has a cheerful French boulangerie design, and a nice layout with plenty of seating. The location has a Full Kitchen with a Hood & Ansul and a 2nd Baking Hood, Walk-In refrigerator, Double Convection Ovens, Hobart Mixer, Proofing Racks, Double Fryers, 6 Burner Range, Bakery Display Cases, Triple Head Espresso Machine, Ice Machine, Beer Tap System and much more! The sale includes a Type 41 Beer & Wine license.
The owners have enjoyed owning the business for many years but they have another business in development that takes them far out of the area which means it's time to find someone to take over this location. While sales have been increasing year over year under a part-time owner in the cafe, they feel the cafe could do even better with a full-time working owner or team to make those important customer connections with the regulars and to promote the catering side of the business. This could be a great business for someone looking for the comfort of established systems that a franchise offers, and something with great breakfast and lunch hours that doesn't keep an owner working late each day.
Interested? Please complete the Confidentiality Agreement/NDA form to get started. Once we receive your Confidentiality Agreement, we will send you information with the address and other details. This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only. We look forward to talking with you about this exciting opportunity!
Professional Resources & Contacts To Help You Close Your Deal!
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.
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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.
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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
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Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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