Don't miss out on this unique opportunity to own your own Baked Goods and Specialty Drink Outpost / Kiosk in one of the state's busiest shopping malls in Metro Atlanta. What makes this opportunity truly unique is that the brand has been around close to a decade and has a strong continuing presence in the baked goods and cookies arena. In fact, as part of the transaction, the Seller will continue to supply this site with fresh baked product at a below market rate keeping your cost of goods right around 30% at this Bakery for Sale.
Prior to Covid-19 outbreak, monthly sales were averaging $23-$27 thousand. The Mall Landlord provided the tenant with a reduced rent of only $5,000 per month and ids open to maintaining that rate for a new, long term lease to a qualified Buyer. That means more money in your pocket. An owner operator should be easily able to replace one full time employee and generate over $75,000 per year in Owner Discretionary Earnings or $6,000 to $7,000 per month. The location and supply of products makes this Bakery for Sale offered by We Sell Restaurants as turn-key as it gets and as an owner operator, you should surely see new opportunities to increase revenue and profits.
Based on 2019 results, this Bakery for Sale would have been priced at around $200,000. But due to the temporary impact of the pandemic, the Owner has this priced to sell at only $149,000. Books and records available to qualified buyers.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.Please click on the tab below to easily acknowledge confidentiality on this Bakery for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552
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- Listing#: 8085
- Price: $149000
- Location: Atlanta
- Profitable Baked Good Kiosk Located in Desirable Atlanta Area Mall
- 2020 Annual Earnings of Over $30,000 for An absentee Owner
- 2021 Forecasted Revenue of $300,000 and Owner earnings of Over $80,000
- Reduced Rent of only $5000 Per Month For Prime Location
- Seller will continue to Supply Product
- Bakery for Sale