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Listing 1555
Bakery in Fast Growing Area Heavy Traffic Asset Sale $49,900
Bakery in Fast Growing Area Heavy Traffic  Asset Sale $49,900

Great opportunity for a creative entrepreneur to excel in this one of a kind bakery and retail shoppe.

The location has over 3200 square feet and includes both a bakery retail shoppe and a full production kitchen. The surrounding demographics are solid and support a business that is producing over $25,000 in monthly revenue and driving a solid return to the owners. The lease has expired and is currently month to month providing the new owner an opportunity to negotiate fresh terms.

This is an Asset Purchase only and no financials are available for review. The current owner has health issues and must sale the bakery immediately.

Listing Details
Price: $49,900
Location: Sugar Hill

Property Info
Operations
Finance
Lease Term: Currently month to month (5 + 5)
Monthly Rent: $3,200
Indoor Seating: 30
Inside Sq. Ft: 3200
Hood System: No
Hours Open: Tues to Sat 9a to 9p
# of Part-Time Employees: 7
# of Full-Time Employees: 2
Current Year Revenues: $220,000
Last Year's Adjusted Net: $50,000
Lease Term: Currently month to month (5 + 5)
Owner Financing: No
SBA Finance: No
Features
  • Asset sale - reduced to $49,900
  • Fast growing location near Lake Lanier
  • Fully Equiped restaurant
  • Easy access
  • Bring your own concept
  • Great visibility
  • Modify building to accomodate your concept
  • Cumming Bakery
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