Nationally Famous Franchise Bakery For Sale in Baltimore, MD

Description

Franchise bakery for sale in Baltimore, Maryland. The location opened in 2023 and sells fresh-baked cookies, gourmet cinnamon rolls and coffee.

Financials

• Asking price: $189,000
• Annual revenue: approximately $288,000
• Inventory included: approximately $5,000
• Franchise transfer fee included in the asking price
• Equipment included with a seller-estimated value of approximately $50,000

The seller describes the location as profitable, but buyers should review tax returns, POS reports, payroll and other financial records to confirm current cash flow.

Business setup

• Operating since 2023
• Existing franchise location
• Cookies, cinnamon rolls and coffee
• Retail and catering sales
• Experienced management in place
• Trained shift leaders and hourly employees
• Primarily absentee-run operation

The business already serves catering customers in addition to walk-in retail customers.

Lease

The seller reports favorable rent, a long remaining lease term and renewal options. Buyers should review the actual lease, including rent increases, CAM charges and assignment requirements.

Growth

• Develop additional catering accounts
• Increase local marketing
• Expand corporate and event orders
• Increase owner involvement
• Explore additional franchise locations in the Baltimore and Washington, D.C. markets where territory is available

Franchise and training

The seller states that previous bakery experience is not required. Training and transition support are available from the franchisor and current owner.

Continued operation under the existing brand will be subject to franchisor approval and the applicable franchise transfer requirements.

Financing

The listing states that SBA financing may be available through approved third-party lenders, potentially with approximately 10% buyer equity for qualified applicants. Final financing terms remain subject to lender and SBA approval.

Due diligence

Buyers should verify historical financials, actual profitability, catering revenue, lease terms, equipment ownership, staffing, franchise royalties, advertising fees, transfer costs, inventory and any future remodel or development obligations before closing.