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4425 STATE HIGHWAY 55 Loretto MN 55357-9689

[Locked] • APN 0611823210001

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Details
Property Type Retail
Sub Type Restaurant
Building SqFt 4,200
Lot SqFt 38,127
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code RCH
Year Built 1950
Building Count 1
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Tax Land ******
Tax Additions ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Restaurant
Marketing Description

This would primarily be a owner operator investment that includes; The building, business, and all the contents including the inventory.

The current owner said that he and his crew would be willing to stay on and work as bakers upon the sale. Terms to be determined.

Dobo’s has had a bakery business for over 36 years. This business is a turn-key operation where the new owner would take over the baking orders, billing and collection.

When going to visit the Dobo's building, I can't park my vehicle in the lot without having someone stop next to me to ask it Dobo's is open for walk up bakery or lunch.

The commercial operations of Dobo's is so busy that they can't find enough time to also have the restaurant open. This would be a big add to the business and the bottom line.


Commercial Bakery / Event Kitchen


Walk In Freezer and Refrigerator

Handicap Accessible Ample Parking

2021 September New Roof

Numerous Restaurants & Hotels Close By

Developed and Managed by Original Owner

Active Commercial Client List

On Going Business 43 years and running

Located a lite corner along Hwy 55.

Traffic Count on Hwy 55 - 15,800 VPD

Possible Value Add

Selling Bakery to Outlets in Area

Lease of Bakery Facilities


Dobo's and Danny's Catering is a fully functional commercial bakery with 36 years in business continuously operating as a local bakery with restaurant with commercial bakery. In 2020 the bakery closed to the public when Covid was in full swing. The bakery shifted to a commercial bakery only with a significant increase in commercial orders. The Restaurant is now a staging area for commercial orders. There’s a long history and list of customers that still order to the bakery today.

Investment Highlights

Great Investment opportunity or for an owner operator with current operating income and the potential to fill the over whelming demand for bakery in the area.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
RW
Robert Wolf
•••.•••.5900
••wolf@••.com
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