Premium Bakery Business

Undisclosed Address, Rhode Island
Business Opportunity for Sale
Catylist Listing ID: 30799193
Property Subtypes: Food and Beverage
Building Size (RSF): 1,850 SF
Sale Price: $275,000
Gross Revenue: $654,678 (Annual)
Cash Flow: $106,664 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Last Updated: 5/21/2022

Overview / Comments

Rapidly growing and established bakery business in Northern RI. This business includes all equipment (itemized on list provided) necessary allowing for immediate turnkey opportunity. Located on a highly traveled road with great visibility and marquis signage. Ample parking. The 1,850sf space is equally divided between bright open customer area and fully equipped prep and baking area. Additionally, there is a large storage space in the basement with both internal and external access. Tailboard loading platform. All equipment included is fully owned with no debt or leases.
Favorable 5-year lease with tenant renewal options available. Current lease rate is $2,000 per month.

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Additional Details

Industry Segment: Food Production and Packaging
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $80,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Multi year lease with 5-year tenant renewal options. Current lease rate is $2,000 with annual $200 per month increases.
Employee/Labor Description: Full time and part time staff.
Mgmt/Training Support Description: Training will be provided on an as needed basis.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,055 20,947 38,640
Median Age: 41.9 43.9 44.31
Households: 433 8,398 14,886

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