Profitable Turnkey Family Run Scratch Bakery Cafe - Saco, ME (York County)

Description

Be your own boss! Near the beach! Turnkey operation. Family operation. JUST VOTED BEST BAKERY IN BIDDEFORD/SACO FOR THE 12TH YEAR! (https://www.bestofsurveys.com/survey/152/biddeford-saco) Scratch bakery and cafe with a great reputation in the community. Located in the northern part of York county, south of Portland, within 15 minutes of local beaches - which attracts additional business from summer visitors to the area. We make cakes, pies, small pastries, and croissants. We also make light meals and sandwiches for breakfast or lunch. Espresso service. Small seating area for dine-in customers. Owner operated by two owners with no additional employees. We open the store for four hours a day and spend an additional four to five hours a day for prep and other work. We are usually done by 2pm - which is great if you have kids at school (school bus comes right past the building). Location: Saco, ME Inventory: Included in asking price Real Estate: Leased Building SF: 1,100 Lease Expiration: 8/31/2028 Furniture, Fixtures, & Equipment (FF&E): $40,000 Included in asking price Facilities: All equipment used by the bakery is included in the sale. The business is debt free. Rent is currently $1600 per month, which includes heat (including hot water), water, sewer, and real estate taxes, but not electricity or propane (for baking). Three year lease currently at $1600 with an annual increase in the rent of 3%, as well as an option to renew for another three years under similar terms. Competition: Business is located in downtown core and close to beach holiday areas. Our core clientele is very loyal, we were just voted best bakery in Greater Biddeford/Saco for a 12th year (https://www.bestofsurveys.com/survey/152/biddeford-saco). The area has a growing population so we constantly see new customers. Our business provides a unique combination of bakery and cafe for the local area. Growth & Expansion: Business was severely impacted by COVID but since 2020 sales have recovered very well. Sales growth was 23% in 2024. Since COVID we reduced opening hours to allow the business to be run by two people at the current sales volume. Sales could be increased by operating for more hours or more days. Financing: Seller financing for well qualified buyers with a suitable down payment. Support & Training: Can train either the buyer(s), or any staff that they employ, for a negotiable period, included in the sale. NOTE: Trainee(s) would need some experience in baking. The business licence requires a person with a current ServSafe Manager Certification on site. Reason for Selling: Retirement.

Who are your customers?

Thys Geldenhuys

Business Type