
Listed by Murphy Business of Southeast Minnesota - Petersen
$102,500
Details
Property Type Business for Sale
Sub Type Business and Building, Food Business Retail
Square Footage 2,100
Net Rentable (SqFt) 2,100
Units 1
Cap Rate 31.39%
NOI $32,173
Occupancy 100%
Tenancy Single
Pro-Forma Cap Rate 31.39%
Pro-Forma NOI $32,173
Price per SqFt $49
Class B
Year Renovated 2015
Buildings 1
Stories 1
Zoning Downtown District
Investment Type Owner/User
Tenant Credit No Credit Rating
Ownership owner/operator
Operating Bakery with all equipment and real estate included!
Marketing description
For sale is a hometown bakery, mom and pop set up, with consistent sales and many opportunities for growth. This business is located about an hour outside of the Twin Cities metropolitan area. Included in the asking price are all assets needed to run the operation, including real estate, business equipment and goodwill, along with a normal amount of operating inventory. The current owner has built this business to work around their preferred schedule with the least amount of hassle involved. A willingness to take on more work could lead to rapid growth.
This business has several commercial accounts it supplies on a regular basis, along with walk in traffic due to its downtown location. Sought after in the community for it's breads, cakes, and donuts, this business is a hometown staple. Current ownership performs all of the work needed to conduct the operations. Currently the operations are throttled back due to ownership not wishing to take on additional staffing.
This well kept operation is a turn-key opportunity to take over a bakery tradition that spans almost a century.
Investment highlights
- Assets / Liabilities:
- Accounts Receivable: $0
- Inventory: $2,500
- FF&E: $49,952
- Leasehold: $0
- Real Estate: $38,000
- Liabilities: $0
- Other: $0
- Total Assets: $90,452
Listing Contacts

Listed by Murphy Business of Southeast Minnesota - Petersen
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,173.00
$2,681.08/mo
Valuation Metrics
0
DSCR
31.39%
Cap Rate
31.39%
ROI
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