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Listed by:

Coldwell Banker Bain

Bakery Cafe Unbelievable Low Rent In Redmond For Sale

Redmond, Washington
Asking Price:
$109,000 (USD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Under $50K (USD)

Eastside location but Not the high monthly lease that is associated with the eastside. The monthly lease is only $2,630 for this nice little corner of Redmond. Lots of life left on the lease to expires in 2022 with options to renew. Fully equipped and totally turnkey bakery & lite café. Solid customer base already built up for you to serve.
Just minutes to the big three Redmond, Bellevue and Kirkland the big four if you count Microsoft which is only just a few blocks away. Lots of opportunities to get into catering and wholesale accounts. So the opportunity to make many much more money outside this storefront is here. This location is so strong to offer catering and wholesale accounts that this is a tangible potential.
There are all kinds of coffee shops, espresso stands, convenience stores that would love to have fresh baked goods on display for sale. This place just needs an owner who is willing to reach out to the many people and businesses in the area. Cute, clean little café that seats 24 with 1,060 square feet.
This is Not a franchise so bring on the ideas and creativity. No franchise fees or restrictions, your Sweet ideas are at the top of the menu. This location would also be supportive if a new owner wanted to change or modify the concept and add some lunch type items. Gyros or bubble tea anyone? (hint, hint) No similar competition close by. Owned and operated by a husband and wife team.
Currently closed Sundays and Mondays and no marketing is being done so there are missed sales here are more tangible potential dollars that are just waiting to be grabbed. The owner spent more than $150,000 on remodeling costs just less than 2 years ago SO all equipment and fixtures are like new.
The family situation changed and the owner now wants to move out of state. A big emphasis on an unbelievable low monthly rent on this eastside location. If you’re looking for a bakery or lite café this is definitely worth a look-see for more information.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly lease is only $2,630 per month and that is triple net included. The current lease expires in 2022 and has 2 five-year options. Lease is assignable and set up for long term use by tenant.

Leasehold Rent:

$2,630 (USD) per annum

Living Accommodation:

N/A

Location:

Located in a plaza that sits at the cross streets of a busy intersection. Just minutes to the big three Redmond, Bellevue and Kirkland the big four if you count Microsoft which is only just a few blocks away.

Premises Details:

Monthly lease is only $2,630 per month and that is triple net included. The current lease expires in 2022 and has 2 five-year options. Square footage is 1060 with a seating capacity of 24. Bright, clean and cute floor plan. Fully equipped bakery kitchen. Shared parking lot, plenty of parking. Owner spent more than $150,000 on remodeling costs just less than 2 years ago so all equipment and fixtures are like new. Located in plaza at a 4-way intersection. No type 1 hood but buyer could add one.

Size in square feet:
1,060
Planning Consent:

N/A

Business Operation

Expansion Potential:

Solid customer base already built up for you. Great eastside location close (just minutes) to Redmond, Bellevue, and Kirkland so lots of people and businesses to get into catering and wholesale accounts. Lots of opportunities to make much more money outside this storefront is here with these types of accounts. Currently closed 2 days a week Sunday and Mondays. No similar competition close by. This bakery has great online reviews.

Competition / Market:

Solid customer base already built up for you. Great eastside location close (just minutes) to Redmond, Bellevue, and Kirkland so lots of people and businesses to get into catering and wholesale accounts. Lots of opportunities to make much more money outside this storefront is here with these types of accounts. Currently closed 2 days a week Sunday and Mondays. No similar competition close by. This bakery has great online reviews.

Reasons for selling:

Owner wants to move out of state

Trading hours:

9 AM to 6 PM
Closed Sunday and Mondays (missed sales)

Employees:
2 Full time
Years established:
2017

Other Information

Support & training:

2 weeks of training offered

Financing available:

80% cash down case by case basis.

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$1,000 (USD)

Contact Information

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