Scratch Bakery & Quick Casual Deli/Cafe - National Brand-Two Locations

House of Bread Anchorage is a scratch bakery and quick-casual deli-cafe located in South Anchorage, one of Alaska's highest income districts. Retail customers munch on fresh baked samples as they choose from a full menu of scratch made deli soups, sandwiches and fresh baked breads and pasty. The open kitchen keeps the baking visible so the customer experiences the sights, sounds and taste of the product as they are ordering. Be in business FOR yourself but NOT by yourself! House of Bread owners are backed by strong personal Franchise Support including technical support, training and state of the art information and inventory systems to drive profits. This simple to manage concept is designed to meet consumer demand for wholesome fresh food with an uncomplicated approach to quick-casual with no grill hoods, stove tops or late hours. Annual sales over the last five-years averages $983K with 2021 revenue well over $1,000,000. Seller's Discretionary Earnings was $280,000 in 2021. 2022 Projected EBITDA is even better, call selling broker for more details. A few words from the Franchisor on the ideal Buyer: We’re looking for franchise owners who enjoy being a part of their community by providing a truly quality product with excellent customer service. We look for a person with a positive can do attitude, who can build relationships, lead a team, and who has the motivation to excel! You must have a minimum of $150k in liquid capital and there is no way around opening a House of Bread without having $150k. We also require full-time owner management the first year. Afterwards, the owners may hire a full time manager. Having baking experience at home or commercially is not necessary, we train the owners on all phases of the business from baking to customer service. We do not want the owners to be the bakers, but rather the person working on their business, not necessarily in it. Location: Anchorage, Alaska Year Established: 2010 Number of Employees: 16 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 2,300 Rent: $5,798.00 Per Month Facilities: Anchorage House of Bread includes all assets, equipment and FF&E associated with the two Anchorage locations (Primary location in South Anchorage and Cafe Location at Continental Motors) including but not limited to all kitchen equipment, ovens, refrigeration, leasehold improvements, restaurant seating, retail fixtures, coffee/espresso equipment and delivery van. Market Outlook/ Competition: House of Bread is one of the only scratch bakeries in South Anchorage catering to this high income neighborhood. The three business lines (retail bakery, wholesale bakery & retail cafe/deli) have proven themselves resilient since 2016, particularly during COVID, when sales remained strong. House of Bread fills a unique market niche in South Anchorage while the principal competitor, Great Harvest Bread, serves a very similar niche in Midtown Anchorage. The competitors appear to compliment each other geographically due to the four-mile distance between. Growth & Expansion: GROWTH POTENTIAL: Proven revenue streams that the owner is not focusing on include additional wholesale volume, Weekend Market's in the Summer and opening on Sunday's all year long. These channels could add nearly $200,000 in annual revenue based on past performance.