Sold
Historic Area Bakery & Breakfast Lunch Cafe-Large Patio-Beer & Wine
Award-winning, bakery & breakfast lunch café with beer & wine, including a highly desirable 6,400 sq. ft. building on a large lot, with an inviting street-front patio. Located in a charming, walkable, historic downtown area in San Diego County. Providing the greater area with stellar custom cakes, cupcakes & pastries since 2010. The café is open 5 days a week for breakfast and lunch, specifically, Tues-Sat from 8 am to 4 pm. Multiple revenue streams include; cake, pastry & cupcake orders, wholesale orders to restaurants and hotels, in-store dining, take-out, and to-go orders for large parties or events. The cakes and pastries are made from scratch by dedicated and highly skilled bakers and decorators averaging 25-32 weddings each week. There is potential to increase café revenue.
The restaurant features a large dining area complete with an indoor fireplace, grand barista counter, pastry display cases, grab n’ go beverage case, order and pick up counters in addition to 2 private dining rooms. The street front patio dining is highly visible and accommodates 30 or more people. There is also a retail sales area, wedding sales office, café office, and manager office.
The bakery kitchen contains an 8 ft. hood for convection and rotating ovens, 2-floor mixers, 2 tabletop mixers, a large walk-in cooler and freezer, a 6 ft sandwich prep station plus a separate dishwashing area. The bakery prep kitchen has a proofer, fondant sheeter, 4 burner cooktop, photo booth, 2 door fridge, freezer. Additionally, there are two extremely large storage areas one complete with a newer, large walk-in cooler and freezer. There are 2 customer restrooms and 2 employee restrooms.
In the back, you will find an outdoor private covered party room for 30 and parking for 8 vehicles. Included in the sale are 3 delivery vehicles, all branded and wrapped. All equipment is included in the sale. Inventory is additional.
Business and real estate can be sold together for $2,425,000.
Listed By: Teri Craft
Background information
Reference:
bakerycafe2
Year established:
2010
Reason selling:
Moving out of state
Finance
Sales:
$1,512,001
Profits:
$233,950
Profit type:
Net Income
Operations
Employees:
30 employees
Equipment:
Includes extensive equipment plus, 3 delivery vehicles
Inventory:
Approximately $50,000 to $70,000
Premises
Facility:
6,400 sq. ft. storefront retail building with street front patio, located on main boulevard, in a quaint historic area, with good walkability. 10,400 approx. sq. ft. lot. Built-in 1950, renovated in 2014. Parking in back for 8 cars.
Square footage:
6,400
Rent and lease terms:
$8,000 monthly rent plus triple net charges of approximately $1,600.
Location:
Highly desirable, historic downtown area designed for walkability and foot traffic. Serving the greater San Diego area.
Opportunities
Market:
This bakery is the premier bakery in the San Diego area with limited competition. Their reviews and client base are stellar.
Price and terms
Price:
$460,000
Financing:
SBA approved for financing with 10-25% cash down for a well qualified buyer.
Training:
Owner will train