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| Listing #5164 | Bakery/Sandwich Shop - Profitable - Long History |
Price: $80,000 Get Demographics |
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Want to visit the store. Select the button to the left "Want Name/Address" Located in one of Ventura county's most desirable areas, this franchise business has operated for nearly 15 years and the owner is ready to move-on and allow some fresh blood to take it to the next level. You can keep the franchise or de-franchise the business. Your decision! But the recipes don't come with the business if you de-franchise it. 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 2018 Revenue was $465,000. Adjusted Net Income was about $60,000. 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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