Breadsmith - Retail Bakery

Business Opportunity for Sale
Catylist Listing ID: 30760859
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $750,000
Name of Establishment: Breadsmith
Business Website Address: https://www.breadsmith.com/
Year Business Established: 2019
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 1/5/2022

Overview / Comments

This well established specialty food service industry/franchise is available. There are two brick and mortar locations - retail store fronts located in the Monkey Junction Area and Mayfaire Town Center, both in high traffic areas of Wilmington NC. The stores were built out very nicely with all brand new equipment.

See Attached Documents for Business Details.

Finance Notes:
- Combined Gross Revenue of BOTH Locations: $1,435,078(from day of opening)
- Inventory Value included in asking price.
- Bldg SqFt: (#1 Location, 3,650 SqFt), (#2 Location, 1,553 SqFt)
- Seller Financing is not an option.

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Additional Details

Nearest MSA: Wilmington
County: New Hanover
Industry Segment: Other Food and Beverage
Reason for Selling: Owners Health
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: 24 Employees.
Mgmt/Training Support Description: 1 week training at corporate facility required by corporate office prior to closing. (Buyer-paid expense); on-going support & consultation by corporate office for duration of franchise ownership including on-demand phone calls and routine on-site visits; current owners agree to remaining available to new owners for consultation after closing for a duration of 30 days.
Competition/Market Description: Market conditions are open ended and favorable. Competition is minimal.
Growth/Expansion Opportunities: Multiple Areas for growth and expansion.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,814 50,288 83,497
Median Age: 37.17 39.46 40.42
Households: 3,638 21,243 35,780

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