House of Bread Cafe’

Price: $450,000

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, training included and great south Anchorage location. You do not need to know how to bake to own this business.

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.