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Food

Bakery with over 9 Million in Revenue

Des Moines, IA, USA
Updated 190 days ago

The business employs 132 dedicated staff members across both locations. This team includes a Director of Operations who ensures consistency across all aspects of the business; Shift Leads responsible for managing teams during peak hours; Line Cooks, Cashiers, Bakery Associates, and food service staff. The two locations are strategically situated within the Des Moines area, these offerings include dine-in options for those who wish to enjoy their meals on-site, take out for customers in a hurry, drive-through for added convenience, baked goods for sale both on-site and online, and events catering for various occasions with event space in house. Priced at $2,900,000, a 10% down payment of $290,000 returns $283,190 in the first year after debt payments! Growth opportunities include incorporating additional locations into its portfolio or franchising its successful brand throughout other markets in Iowa or beyond.

Buyer Fee?

No

Franchise?

No

Real Estate?

No

Relocatable?

No

Willing To Co-broke?

No

Management Will Stay?

Yes

Represented By Broker?

Yes

Financials

Asking Price
$2.9M
RevenueMost Recent Year
$9.1M
Earnings (SDE)Last Reported
$736K
Assets Value
Undisclosed
Seller Financing
Yes

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