House of Bread Franchise

Price: $475,000

Location: Anchorage

Industry: Bakery and Cafe

Listing ID: HOB

Great opportunity to own one of the best Bakery franchises in the nation.  Profitable, easy to operate, traning included and great south Anchorage location.

Listing Details

Total Sales: $1,049,000

SDE: $140,779

Franchise?: Yes

Franchise Information:

National Franchise/Contact Broker for Assumption Information.

Terms and Conditions?:

New finance.

Reason For Sale:

Sellers purchased this Franchis and turned it into a very successful business, and are ready to turn it over to a new owner so they can pursure other opportunities.

Training & Support:

Seller wants this business to continue to provide the same great service they have for the last 7 years. The Sellers are willing to help a new owner with the transition and will provide a month of traning.

Operation

Year Established: 2000

Days & Hours of Operation: Open Monday through Saturday from 7am to 5pm, Sundays they are open from 8am to 4pm.

Employees: 15 Employees

Managers: One manager

Location

Security on Lease: $6,000.00

Monthly Rent: $5,750.00, plus an increments in property taxes through 2021. Buyer still has 2-5 year options on current lease.

Type of Location: Business in the main anchorage is a strip style mall located in the very busy Dimond Blvd. area.

Square Footage: 2,300

Facilities Information:

The House of Bread franchise is located in a strip mall syle shopping center close to the Dimond Business District. Shop offers bake goods, coffee, and a food menu.

Summary

Historical Summary:

House of Bread Anchorage is one of eight bakery/cafe’ stores connected with the House of Bread Franchis, based out of San Luis Obispo, California.  Busines has been in business for 7 years and has had a positive revenue growth each year.

Competition:

The House of Bread has little or no competition in the South Anchorage business located.  Very popular Baker/Cafe with easy access.

Potential Growth:

With House of Bread you do have the opportunity to add additional Bakeries in the the Anchorage market.

Financing/Terms:

This business has shown to be very successful with continue revenue growth, and excellent financials, which will allow a new buyer to find new financing that will suit their fiancials needs.