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#3393
WA South King County

Charming Pastry Bakery

$35,000
Charming Pastry Bakery
This Listing is Expired

Busy yet charming cake and pastry bakery with a large birthday and wedding cake business.  They also produce small pastries, bars, cookies, and featured seasonal specials throughout the year. This area is still experiencing growth.  There are many local businesses that purchase morning goodies for meetings or cakes for employee appreciation and birthday events.

This business is an asset sale and has very recently been repossessed by the previous owner. 

This is an Add Value Alliance, Inc. DBA Washington Brokers listing.

President, PRB Inc. & BBMT, Inc. Mel Jones

Lease

Region:
WA South King County
Lease Term:
Sept 2013 + 4 yr option
Total Monthly Rent:
$1,691
Security Deposit:
$1,500

Operations

Hours Open:
Mon 6:30am to 3:00pm
Tues - Thurs 6:30am to 5:00pm
Fri 6:30am to 6:00pm
Sat 8am to 2pm
Sun Closed
Year Established:
1998
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
1,125

Highlights

  • Fully Equipped Retail Pastry Bakery
  • Birthday and Wedding Cakes & Pastries
  • Regular Repeat Business
  • Busy Growing Area
  • Good Lease
  • Great Base of Business to Build on to
  • Well Established
  • Lots of Charm
  • Happy faithful customers
  • Owner Financing Available
  • Plenty of parking

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
32%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,132 68,815 180,323
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,393 26,499 64,134
2010 Persons Per Household 2.46 2.49 2.63
Median House Value $234,700 $246,471 $250,000
Income Per Household $48,853 $52,568 $52,318
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,016 2,516 5,379
2012 Number Of Employees 90,306 99,438 203,364
2012 Total Annual Payroll $2,543,745,000 $2,677,885,000 $4,294,967,295

click for more demographic info

Disclaimer

 

Notice: The information contained in this offering profile was provided by the Seller and is believed to be accurate. Charter Business Brokers and its affiliates such as WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. The User (that's you reading this) of this Website understands that Charter Business Brokers ("Broker") or its broker (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.  This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents last year's estimated owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

This is a "Charter Business Brokers" Listing.



 


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