Nationally Famous Franchise Bakery For Sale in Richmond, VA Metro

Asking Price$179,000

Cash Flow
$32,874

EBITDA$82,593

Gross Revenue$386,000

Inventory$5,000
Included in asking price
FF&E$90,000
Included in asking price
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Nationally Famous Franchise Bakery For Sale in Richmond, VA Metro


Asking Price$179,000

Cash Flow
$32,874

EBITDA$82,593

Gross Revenue$386,000

Inventory$5,000
Included in asking price
FF&E$90,000
Included in asking price
Business Description
Own a highly sought after franchise bakery location in a high traffic, exclusive Midlothian, VA location. Fastest growing franchise in its category with locations in over 20 states and made famous on Shark Tank. Equipment is virtually new and the bakery is spotless.

This is a turn key retail bakery operation, fully staffed, with a great, fun working environment and a large list of passionate, repeat customers, both residential and commercial. Specializing in the sale of made from scratch award winning gourmet cinnamon rolls, cookies, and coffee. Simple business with a manager and well trained employees.

The location is very manageable with attractive hours for an owner-operator or a semi-passive investor. Very simple operation and no food/bakery experience needed. Complete training by an experienced franchise company with corporate field support for the transition as well as current owner support for one week.

Will provide detailed financials upon signed NDA for serious inquiries. Lease, signed in 2023, has 8.5 years remaining with two 5 year option periods.

Owner has had some unfortunate health problems and must sell.
About the Business
Years in Operation
1
Franchise
This business is an established franchise
Facilities & Assets
Excellent location in a very sought after shopping center. The business is one year old so condition is like new. Great long-term lease thru Oct 2033 with two 5 year options
Market Outlook / Competition
The market is hot for the dessert category! Famous leader of this bakery segment!
Opportunities for Growth
Growth and expansion opportunities available in all of the greater RIchmond, VA area.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,068
Rent
$4,316.00 per month
Lease Expiration
10/26/2033
About the Sale
Seller Motivation
Owner has unforeseen health issues.
Transition Support
Full training and support of the franchisor, as well as the existing owner assistance for a smooth transition.
Financing Options
The franchise is SBA Approved, 10-20% Cash Equity Required
Listing Info
ID
2363567
Listing Views
1590

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Business Listed by: MARTIN WELCH

Listing ID: 2363567 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.