Iconic does not even begin to properly justify this beloved bakery brand that has been established for more than 40 years! There are 2 retail locations, with one location also serving as a large production kitchen set up with newer high-end, high-volume equipment, including a large state of the art walk-in oven.

There are a number of opportunities to grow this business including expanding the brand into wholesale distribution, mail order sales, facility rental and events on the 3 acre property, expanding the retail store count, expanding the coffee program, adding liquor/beer & wine. Costs can be more efficiently controlled.

One location is leased at $6,190/mo. and carries a new 10 year lease.

The second location includes the real estate priced separately at $2.3M (owner may lease this if a buyer chooses not to purchase)

Financial Details:

Gross Revenue

2021 – $2,881,108

2022 -$2,756240

2023 -$3,001,333

Cogs

2021 – $718,643

2022 – $669,136

2023 – $713,358

Net Income

2021 – $424,472

2022 – $444,882

2023 – $400,000

Real Estate :
Price: $2,300,000
Size: Large building + 3 acres of land

Business :
Price: $1,500,000