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Listing #5164

Franchise Bakery/Sandwich Shop - SBA Loan - Profitable - Long History

Price: $120,000
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Franchise Bakery/Sandwich Shop - SBA Loan - Profitable - Long History

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Located in one of Ventura county's most desirable areas, this franchise business has operated for nearly 14 years and the owner is ready to move-on and allow some fresh blood to take it to the next level.  

The products are high quality and second to none because the wheat is milled on site. So the wheat goes from seed to bread in a matter of hours, making even the sandwiches amazingly fresh and great!

And to keep things simple they use Panini grills to make sandwiches and breakfast items, avoiding an expensive hood system that needs cleaning. 

And if that isn't good enough, then you'll like the fact the franchise is a "freedom franchise"  where you can follow their template or tweak the business to make it unique.  You won't have the franchisor breathing down your neck like so many other franchises. 

This is a fun business to operate as well as relatively simple compared to a restaurant. margins are high at nearly 75%. The owner minimally does baking here and there, but only because that's what he loves to do. There is a baker on staff.

THE NUMBERS

The history of the store is solid over the near 14 years of operations, serving the neighborhood with high quality breads and meals. Numbers are from tax returns. In 2016, sales were about $510,000 with an adjusted net of about $61,000. 2017 will be in the same ballpark, hurt a little by the recent fires dues to cancellation of farmers markets and other events during the prime retail selling season.

GROWTH

This franchise has the exclusive franchise rights to Thousand Oaks, Westlake Village, Camarillo, Moorpark and Agoura Hills. The growth resides in expanding the franchise into these great markets!  Plus you can make future locations have a bit of a coffee house look and feel to draw in more people. And the menu can be expanded to include salads, soups, biscuits, etc. allowing you to take advantage of all the foot traffic these store generate. 

THE FRANCHISE

This franchise started in the 1970's and has expanded to more than 200+ stores. The franchisor will reduce the royalty by 1% for a new franchisee. There is a complete training program in place. The buyer pays for all transfer fees and training. 

Go To SellingRestaurants.com to get the name and address. 


This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
   
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General Information
Listing Status: Available
Price: $120,000
Location: Ventura County
Last Year's Annual Gross: $475,636
Last Year's Owner's Cash Flow: $55,988
Lease Information: New Lease - Similar Terms
Monthly Rent: $4,350
Liquor License: none
Outdoor Seating: 4
Number of Parking Spots: Plenty
# of Part-Time Employees: 9
# of Full-Time Employees: 1
# of Working Owners: 2
Hours Open: Open 6 Days Per week M-F 7am-6pm Sat. 8am-5pm Closed Sunday
Year Established: 2004
Inside Sq. Ft.: 1294
Hood System Type 2: Yes
Highlights
  • Easy to Operate Franchise Bakery

  • Plenty of Traffic

  • Large Shopping Center

  • Large Parking Lot

  • Long 14 year history

  • Expand into new cities

  • Two Commercial Ovens

  • Great Recipes



Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.



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