ORION REAL ESTATE

Main Offices: 630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax

BUSINESS SUMMARY

TYPE:  Bakery/Deli/Coffee Shop LOCATION:  121 Broadway Avenue East, Little Falls, MN. Busy county seat town just  30 minutes north of St. Cloud. Across the street from the courthouse and law enforcement center on high traffic roadway. BUILDING: Older 2 story building in good repair with full basement and offices above.                                 Three offices are leased at $547 per month total. Building is on the Historical Registry and grant money is available for improvements. Very unique building with ornate tin ceilings.    NUMBER OF EMPLOYEES: 10 Full-time, 5 Part time employees.

YEARS ESTABLISHED: This has been a bakery for 85 years. Owned by the same owner for the past 25 years.   SEATING: Approx 70 in café/coffee shop                                                  HOURS OF OPERATION: 6:00 am- 5:30 pm Monday thru Friday 6:00 am- 3:00 pm Saturday Closed Sundays GROSS INCOME: $516,000 (2006)

PRICE: $395,000     TERMS: Possible Contract for Deed with 20% down

REMARKS: This is an Award winning bakery that has been established for 85 years. No bakery competition within 30 miles. Owner of past 25 years wishes to retire. Excellent opportunity to own a well established business with tremendous upside potential with ambitious owner/operator.

  
CALL MIKE SCHMITT TODAY FOR A COMPLETE PACKAGE
(320) 251-1177

Or Contact us via Email at  Coldwell Banker Commercial-Orion

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.