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BUSINESS FOR SALE - Detail Information
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| Contact Information |
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Stu Curtis
Murphy Brokers
24 W 8th St
Panama City, Florida 32401
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| Office: | 850-747-0662 |
| Fax: | 877-456-6793 |
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 Previous | 1 of 1 Result | Next  |
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| Bakery and Deli |
Listing id: 19749 |
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Active |
Florida
Bay County
| Price: $535,000
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| Type: Other Food & Beverage
| Reference #: MB-14651
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| Business Detail Information
| Lease Information
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| Form of Ownership:
| S Corporation
| Leased SqFt:
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| Year Established:
| 1965
| Rent (Include NNN):
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| Accounting Info(years):
| 3
| Lease Exp.Date:
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| Franchise:
| No
| Original Lease (# of yrs):
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| Liquor License:
| No
| Lease Left (# of yrs):
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| Seating Available(#):
| 0
| Lease Option (# of yrs):
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| Parking Space(#):
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| Lease Renewable:
| No
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| Training Available:
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| Lease Transferable:
| No
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| Viewing Instruction:
| Please call before viewing
| Rent Increase:
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| Hours of Operation:
| Mon-Fri 6am-4pm, Sat 6am-1pm
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| Price Description
| Financial Information
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| Real Estate Included:
| Yes
| Seller Cash Out:
| Yes
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| Real Estate Value:
| $250,000
| Seller Term Available:
| No
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| Fixture & Eqmt Included:
| Yes
| Financing Amount:
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| Fixture & Equipment Value:
| $22,000
| Financing Years(#):
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| Inventory Included:
| Yes
| Annual Interest Rate:
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| Inventory Value:
| $5,000
| Min. Down Requested:
| $535,000
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| Annual Income Information
| Labor Information |
| Gross Sales:
| $487,690
| Full-Time Labor(#):
| 7
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| Net Operating Income
| $161,301
| Part-Time Labor(#):
| 0
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| Business Description |
| Walk-up Drive-through bakery and deli with multiple registers and full kitchen. Serves the Morning and Lunch crowd. In business since 1965 this fourth (4th) generation business is in a recently built 1,624 square foot freestanding building with modern equipment including a George Foreman Grill. The traffic count near the store is over 12,000 cars per day. Increase in year to year sales in the 15% range. Business could expand faster with route sales and lunch flyer. The current customer count is 900 per day. Financials and tax returns available. Real estate included. Inventory included. Cash Business. Growing area. Bank Financing third party qualified.
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