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Businesses For Sale > Business For Sale in Shipshewana, Indiana (IN)

Bakery and Cafe with Bed & Breakfast for sale in Shipshewana, IN

Shipshewana, Indiana (IN)

Asking Price: Gross: Cash Flow:
$ 700,000 $ 600,000 $ 150,000

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
(included in the asking price)

Real Estate:
$ 400,000 (not included in the asking price)

Business Summary:
Our bakery and café are well established with a long term clientele. The production part of the facility was built in 2004. Next door we have a 4 room Bed and Breakfast. It is decorated Victorian style with many antiques, private baths in all rooms and a large guest history that goes back 30 plus years.

 

   
Year Business was Established: 1984
   
Number of Employees: 2FT/18PT  
   
Facilities / Terms of Lease: We have a 4,000 sq. ft. bakery/café built in 2004 attached to a beautiful outdoor garden setting. Indoor and outdoor seating for aprox. 100 people. Next door, attached through the garden, is a four room Bed and Breakfast. Lease on both of those would be 2,500/mo. on a 5 year triple net lease basis.  
   
Potential Growth/Expansion: We have some whole sale business out of the area but are finding that we could develop more in Chicago and S.W. Michigan markets.  
   
Competition: Shipshewana is one of Indiana's primary tourist destinations. There are various food service types in the area - we are the oldest and best located in the downtown area. We have had the prime location with a double booth at the Shipshewana Flea Market for over 30 years. The B & B is also in a prime location in the middle of downtown within walking distance to everything.  
   
Owner willing to finance: Prefer self financed buyer  
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
   
Seller Reference Number: bm167754974
BusinessMart.com Listing Number: 191078
 

 

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For more info contact:

260.768.4629
David Scherger

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