Jim Span, Business Broker
The Chase Group
1902 Wright Place, #200
Carlsbad, CA, 92008
Café/Bakery for Sale
Asking Price: $ 364,000
Status: Under Contract
Location: San Diego North County
Down Payment: $ 364,000*
Total Sales: $ 344,932
Discretionary Earnings: $ 138,711
For nearly a decade now this business has been a recognized establishment and part of a vibrant commercial coastal neighborhood. They serve masterful European pastries, exquisite gluten-free desserts, and wholesome gourmet food using mostly organic ingredients and all made with care. An emphasis on craftsmanship and fresh ingredients where everything is baked fresh every day has attracted a loyal clientele and consequently several high ratings on online sites including Yelp, Facebook, and Tripadvisor.
Located in a quaint neighborhood just a couple blocks from a vibrant commercial coastal thoroughfare.
According to IBISWorld, The Bakery Cafes industry has expanded considerably over the past five years and as a result the industry growth has outpaced others in the food service sector.
According to the owners there are various ways to drive an increase in sales to $500,000/year or higher and are outlined in the CIM (Confidential Information Memorandum).