Listing Number: 76931-983283
Description
Discover a golden opportunity in the heart of a bustling tourist district, just 5 miles from the Clear Lake NASA Center, 5 miles from the Baybrook Friendswood TX Mall, and 5 miles from the Kemah Boardwalk. This versatile Bakery Restaurant is a thriving hub for locals and visitors alike, offering a delectable array of baked goods, custom cakes, gourmet coffee, and a delightful breakfast and lunch menu. With a robust event catering service, the business boasts multiple income streams, ensuring a steady flow of revenue and growth potential.
Financials:
2022: $467,382 in sales, EBITDA of $69,903, sellers discretionary earnings of $117,903
2023: $490,875 in sales, EBITDA of $71,608, sellers discretionary earnings of $119,608.
The business has shown consistent growth, with a well-established customer base and a reputation for quality and service. The current owner has successfully operated the business with a focus on high-margin items and catering, which has contributed to the impressive EBITDA figures.
Strategically located in a tourist district, the bakery restaurant benefits from a constant influx of visitors and a loyal local following. The area's attractions, including the NASA Center, Baybrook Mall, and Kemah Boardwalk, ensure a steady stream of potential customers.
The business is fully equipped with everything needed to continue serving delicious baked goods, custom cakes, and savory meals. The space is perfectly set up to accommodate the diverse menu offerings, with modern equipment, ample seating, and a welcoming atmosphere. The artistry coffee program is a standout feature, drawing coffee enthusiasts with its high-quality, handcrafted beverages.
With a dedicated team in place, the transition to new ownership will be seamless. The current staff is eager to stay on, ensuring continuity and a smooth operation post-sale.
This Bakery Restaurant is a turnkey operation, ready for an owner-operator to take the reins and capitalize on its growth potential. Whether you're looking to expand the catering services, introduce new menu items, or explore other avenues, the business is well-positioned for success.
Are you seeking a business opportunity that offers flexibility and the potential for a hands-off approach? Look no further! This bakery restaurant has been meticulously crafted to operate smoothly with minimal owner involvement, making it an ideal investment for the savvy entrepreneur who values both independence and profitability.
Don't miss out on this opportunity to own a profitable and growing business in a prime location. Contact us today to learn more about this exceptional Bakery Restaurant listing.
Take over an established store location without the new buildout costs of $370,000 and with already trained staff.
Listing Details
- Price: $285,000
- Down Payment: $285,000
- Sellers Discretionary Earnings: $119,609
- Total Sales: $490,875
- Location: Galveston County, Texas
- Inventory: $30,000
- FF&E: $80,000
- Employees:
- Reason for Selling: Personal
- Category: Restaurants
Contact Agent:
- Bo Hudson, CM&AP
- Phone: (714) 343-0669
- Email: bhudson@tworld.com