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Advert Ref: 1204

Downtown Bakery w/ Fantastic Lease For Sale

Tracy, California - North, United States

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Details: Asking price:$140,000; Sales revenue:$109,000; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: SellingRestaurants presents this well established Bakery is situated on a major Main Street in a growing San Joaquin County Town. Surrounded by many Retail, Business and Government offices, this Bakery has a captive audience. The bakery has been in business for 50 years and has a well established reputation in the area. The current owners are now ready to retire leaving behind a quality business with extremely low overheads. At 1500 +/- Sq Ft, Rent is a mere $750 per month which is about 8% of Sales. This is the lowest price lease we have seen in this area!!
There is a tremendous demand and opportunity for Catering to the surrounding offices which the present owners are only fulfilling a mere fraction. With a little bit of marketing for wholesale customers, this business can produce a solid income.

There is a great ambiance ready for an owner/operator to really enjoy this captive audience and loyal clientele. The customers are on your doorstep with no where else to go for fresh breads, bagels, cakes, sweets or other delicious items. The ambiance is perfect as a casual business meeting place. There is seating inside or outside on the sidewalk. The Downtown Merchants Association is very active at keeping this street as attractive as possible to keep your customers coming back. The Saturday morning Farmers Market is set up in front of this business, which is very visible from the street in a very attractive environment. The lease has 2.5 years remaining and an additional 5 year option there after.

General information: Years established:1958; Employees: 2 full 3 part; Trading hours: M-F 6a-5p, Sat 6a-2p; Real Estate: Lease; Lease terms:Expired 2011 plus 5 year option; Location:situated on a major Main Street, Surrounded by many Retail, Business and Government offices,; Expansion potential:tremendous demand and opportunity for Catering to the surrounding offices