Listing Number: 3233-921762
Description
A community staple since 1992, Great Harvest Bread is known for its delicious, made from scratch baked goods (and sandwiches, too!) and exceptional customer loyalty is ready for its next owner.
Key investment considerations:
SBA lender pre-approved for qualified buyers.
Turnkey operation with dedicated, trained staff in place makes this an ideal semi-absentee investment opportunity.
Freedom franchise concept - strong franchisor support that allows for local enhancements.
Located in a shopping plaza with 2 dozen stores offering a variety of products/services (major grocery/automotive repair shops along with medical/pet/specialty food stores) with intersection cross traffic exceeding 20,000 cars per day.
More than 50% of its guests are repeat customers with an average check of $20.
Consistent financial performance - annual revenues in excess of $600,000, adjusted cash flow in excess of $100,000, 2023 year-to-date results up 5% versus previous year.
Activities in community includes partnerships with schools and other businesses as well as local farmers markets.
Favorable social media reviews.
Asking price excludes inventory.
Call now for more details!
Listing Details
- Price: $ 399,900
- Down Payment: $399,900
- Sellers Discretionary Earnings: $ 100,584
- Total Sales: $ 685,833
- Location: DuPage County, Illinois
- Inventory: $ 27,578
- FF&E: $ 145,751
- Employees: 15
- Year Established: 1992
- Reason for Selling: Pursuing other interests.
- Category: Food Business Retail
