Profitable Bakery/Lunch Restaurants - Est 30+ Years
Listing: #HT00037Fernando Saldivia
Broker | Houston
About this Business for sale in Houston
Profitable Bakery/Lunch Restaurants - Est 30+ YearsUnique opportunity to acquire 2 locations, 3 franchisees and franchise development rights nationwide. Founded in 1994, this family-owned company was voted best breakfast and cake establishment in Houston and named in Houston Press Community, Impact and Houstonia magazine. The company specializes in breakfast, lunch, gourmet cookies, pies, cakes, empanadas and more. Owners have built the business with a dedicated team that provides high-quality products, including custom gluten-free products made from scratch. The company also has an in-house commissary kitchen to provide bakery items for the other locations.
Easily grow revenues by adding more locations and selling wholesale to supermarkets, hotels, hospitals, restaurants, fast food chains, and schools.
Owners selling to retire. Owner financing is available to experienced buyer.....Contact broker to schedule showing today.
Inventory:
$25,000 Included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
- Open more locations - Add franchisees - Wholesale to restaurants and grocery stores
Financing:
Negotiable
Support & Training:
Owners will stay on to ensure smooth transition
Reason for Selling:
Retirement
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.