Well Established Great Harvest Bread Co.

Asking Price$125,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$395,740

InventoryNot Disclosed

FF&E$129,000
Included in asking price
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Well Established Great Harvest Bread Co.


Asking Price$125,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$395,740

InventoryNot Disclosed

FF&E$129,000
Included in asking price
Business Description
An incredible opportunity to take over a well-established Bakery-Café with the backing of a franchise, but the freedom to create and expand as you see fit. We offer the heathy alternative to big box Markets and Grocery chains with fresh milled wheat used in our breads, sweets and sandwiches. Started in Manchester, CT in 1996, we purchased in 2003. After 10 years our location on Main Street was lost due to fire in an adjacent part of the building. Our rebuild in 2015 would now become a Bakery-Café. With no suitable space available in Manchester the move was made to Vernon, CT. With the expert help of the Great Harvest Franchise office this new location offered an extreme increase in traffic flow with fantastic growth along with other new businesses in the area and more coming every year. Our territory is quite large and offers the perfect opportunity to expand to hub and spoke locations that are far enough apart as not to effect the others sales.
About the Business
Years in Operation
29
Employees
10
Franchise
This business is an established franchise
Facilities & Assets
2566 sq ft, Seating for 16-20 indoors, 4 outdoors (under owning), 2 bath rooms, All necessary equipment for baking bread and sweets, 2 ovens, Rack Revent oven, Reed 48 pan rotating shelf oven. 140 qt mixer, 20 qt mixer. All needed equipment for sandwich production. All equipment for coffee's, Expresso, 2 drip makers with pump carafes. Blender for smoothies. 2 Freezer's, 1- Walk in refrigerator 8'x8'. Plus all small wares used for production.
Website
https://www.ghbreadct.com
Market Outlook / Competition
We offer premium health conscious breads, cookies, scones and more. Our competition cannot compare to our offerings. Add this to a well rounded selection of sandwich options with great tasting recipes and you have a formula that has proven to grow in this area. We offer DoorDash online delivery, as well as EzCater for larger function meal ordering within our area that we deliver. We also have our own online ordering for pickup through Paytronix Open Dinning.
Opportunities for Growth
With a large territory covering approximately 210 sq miles, growth to add spokes to the Vernon Hub would expand the foot print of this franchise greatly. Two areas would work to this end, the first area being expansion to Glastonbury, CT. Glastonbury is a middle to upper income community. The second would be placing a spoke in Manchester, CT returning the bakery to its place of origin. The only negative to these plans would be finding the right locations for best exposer. Growth can also be concentrated on catering opportunities.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,566
Rent
$4,650.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Great Harvest Bread Franchise offers a very complete package of training.
We would also be willing to stay on for a month to give an owners perspective of operating in Vernon, CT, plus we would be available to help out for your first major holiday which is always a very busy time.
Listing Info
ID
2117517
Listing Views
3979
Attached DocumentsAttachment Disclaimer

Lobby.pdf

Business Location

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Business Listed by: Dale Roberts

Listing ID: 2117517 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.


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