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Unique Niche Market Gluten Free Organic Bakery for sale in Seattle, WA

Seattle, Washington (WA)

Asking Price: Gross: Cash Flow:
$ 150,000 $ 590,754 $ 120,648

Furniture and Fixtures Value:
$ 40,000 (included in the asking price)

Inventory Value:
$ 5,000 (not included in the asking price)

Business Summary:
This is a one of a kind niche market bakery specializing in Gluten Free, dairy free, egg free, vegan, and organic products. This is one of the fastest growing markets in the United States and this bakery is already established and well known and is ahead of the curve. It is located in the heart of the fashionable Fremont District. The business occupies 1460 sq ft and has seating for 16 inside and about 12 outside. The bakery does both retail and wholesale offering bakery goods, espresso, salads, soups, and pocket sandwiches. Currently the business participates in 5 local Farmers Markets (Ballard, Bellevue, U-District, Edmonds, and West Seattle). There is plenty of room for expansion. The current owner has never done any marketing or promotion. All the business has come from word - of - mouth or articles published locally. The new owner could easily expand the wholesale side of the business by bringing in businesses like Whole Foods and Central Market. Cookie dough could be sold for U-Bake - It and baking mixes could be sold in the dry form over the internet and on premises. The bakery could offer gluten free organic wedding cakes, something that is not offered as of now - a high profit margin item. Visit the website at www.flyingapron.net. The current owner is absentee and has just had a new baby and is motivated to sell.

 

   
Year Business was Established: 2002
   
Number of Employees: 4 FT / 5 PT  
   
Facilities / Terms of Lease: This unique niche organic bakery is located in the heart of the fashionable Fremont District. It is 1460 sq ft with seating for 16 inside and 12 outside. The equipment is like new and in great condition. The bakery is decorated with antiques and is very open and warm. The total rent per month is $3,500 and the Lease runs till 7/31/2012. The Landlord will extend the Lease for a qualified Buyer.  
   
Potential Growth/Expansion: There is plenty of room for expansion. The current owner has never done any marketing or promotion. All the business has come from word - of - mouth or articles published locally. The new owner could easily expand the wholesale side of the business by bringing in businesses like Whole Foods and Central Market. Cookie dough could be sold for U-Bake - It and baking mixes could be sold in the dry form over the internet and on premises. The bakery could offer wedding cakes - a profit margin item.  
   
Competition: This business controls and dominates its niche market. This is the only retail gluten free, dairy free, egg free, vegan, and organic bakery in the area. It has almost no competition on the wholesale side either. The gluten free product market is one of the fastest growing markets in the United States and this bakery is well established ahead of the curve.  
   
Owner willing to finance: Cash or Bank Financing  
   
Owner willing to train: The Seller will provide 2 weeks of on site training on the day to day operation of the business as well as the operation of the equipment and introduction to Vendors and Suppliers.  
   
Reason for selling: The owner is absentee and has just had a new baby  
   
Seller Reference Number: hfngFlying
BusinessMart.com Listing Number: 65323
 

 

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Kirk L. Edwards

KR Business Brokers
206.391.7365

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