Highly Profitable French Bakery for Sale in West Austin. Over $240,000 to the Owners in 2020! Covid-proof!
This lovely and very profitable restaurant and Bakery for Sale has been open and successful for 11 years, and is pandemic-proof! Amazingly, they made nearly as much during the pandemic, in 2020, as pre-pandemic in 2019. This restaurant is for sale only because the owners have decided to move back to France.
This location offered only by We Sell Restaurants has the kind of excellent long-term profits that banks love, making it eligible for an SBA loan. This means that for 20% down, and possibly less, you could own and operate a French Bakery for Sale with both Fantastic food and fantastic cash flow!
This is a well-established, high-end Bakery for Sale in the European tradition. The rows of pastries are unparalleled! And fresh baguettes, oh the baguettes. Everything in the store is made from scratch. The owners use authentic European machines and recipes, and this tradition informs the palate and presence of the offerings. The store has literally hundreds of glowing online reviews and is very well known in the community.
This is in a very high-income, fast-growing area of Austin. Not only has Bakery for Sale beautiful location been profitable for 10 years, but it is actually gaining in profitability as the area continues to develop. There is a lot of disposable income here, so spending some money on fine pastries is an easy indulgence for the customers. This is the opposite of a hard sale!
The two owners are willing to train the new owner. They are looking for the right fit! They have put more than a decade into this French Bakery for Sale and they want to make sure that it is in safe hands for the future. Trained employees know how to make the recipes, and they would stay on after the sale. Hours are a very civilized 7am to 4pm, earlier on Sunday. Be in the restaurant business with no late nights.
This French Bakery for Sale is in its own stand-alone building. It is in a fantastic location, right off the major thoroughfare through the area, with ample parking and with literally thousands of cars going past daily. The 1618 square feet holds 28 customers inside and 15 outside. The commercial kitchen is optimized for their needs and includes a rare 2 vent hoods.
This is the kind of Bakery for Sale that is a pleasure to own. The hours are great, the smiles are plentiful, and the revenue is proven!
Lease Term: Expires July 2024
Monthly Rent: $5610,
Indoor Seating: 28
Inside Sq. Ft: 1618,
Hood System: Yes
Hours Open: Wed - Sat : 7am - 4pm Sun : 8am - 2pm
# of Part-Time Employees: 3
# of Full-Time Employees: 4
Net Sales: $713093.00
Owner Benefit: $242105