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#1204
Stockton Restaurants For Sale

Downtown Bakery w/ Fantastic Lease!!

$140,000
Downtown Bakery w/ Fantastic Lease!!
This Listing is Expired
SellingRestaurants presents this well established Bakery situated on a major Main Street in a growing San Joaquin County Town. Surrounded by many Retail, Business and Government offices, this Bakery has a captive audience. The bakery has been in business for 50 years and has a well established reputation in the area. The current owners are now ready to retire leaving behind a quality business with extremely low overheads. At 1500 +/- Sq Ft, Rent is a mere $750 per month which is about 8% of Sales. This is the lowest price lease we have seen in this area!!

There is a tremendous demand and opportunity for Catering to the surrounding offices which the present owners are only fulfilling a mere fraction. With a little bit of marketing for wholesale customers, this business can produce a solid income.

There is a great ambiance ready for an owner/operator to really enjoy this captive audience and loyal clientele. The customers are on your doorstep with no where else to go for fresh breads, bagels, cakes, sweets or other delicious items. The ambiance is perfect as a casual business meeting place. There is seating inside or outside on the sidewalk. The Downtown Merchants Association is very active at keeping this street as attractive as possible to keep your customers coming back. The Saturday morning Farmers Market is set up in front of this business, which is very visible from the street in a very attractive environment. The lease has 2.5 years remaining and an additional 5 year option there after.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Stockton Restaurants For Sale
Lease Term:
expires 2011 w/ 1 x 5yr option
Total Monthly Rent:
$750

Financials

Last Year's Annual Gross:
$109,174

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Family Employees:
2
Hours Open:
M - F: 6:00am - 5:00pm
Sat: 6:00am - 2:00pm
Closed Sunday
Year Established:
1958
Hood System Type 1:
Yes

Facilities

Indoor Seating:
20
Outdoor Seating:
4
Inside Sq. Ft.:
1500+/-

Highlights

  • Well Established Bakery
  • Below Market Lease Rate
  • Nearby Offices for Catering
  • Active Downtown Merchant Association
  • Incredible Ambiance
  • Fantastic Growth Opportunity
  • Plenty of Parking
  • 1500 +/- Sq Ft

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 52,416 84,793 97,404
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,467 23,795 27,581
2010 Persons Per Household 3.20 3.38 3.35
Median House Value $225,400 $247,204 $265,570
Income Per Household $63,374 $75,518 $76,000
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 850 1,113 1,533
2012 Number Of Employees 26,464 34,174 47,514
2012 Total Annual Payroll $494,707,000 $696,095,000 $935,957,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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