$315,000
840 Merrimon Ave.
Asheville
,
NC
Listing Description
This family owned and operated bakery is an Asheville institution featuring daily, fresh baked goods such as doughnuts, bread, bagels, cookies, cakes/pies, danishes, pastries and the Famous Fritzer! Geraldine’s Bakery has great visibility at an excellent location. Located on a main commercial highway (17,000 VPD) at the gateway to many affluent residential neighborhoods, the bakery is well-known and has a highly acclaimed reputation (great reviews – 4.7 of 5 stars on Google) with locals and tourists alike. Since 2013, the owners have focused on local sustainability and community, working with many local businesses in the Asheville area to sell their famous bread, cakes and pastries. The current business has wholesale & retail operations, wedding & event catering and a large holiday season boom. Business has an established baking team who wishes to continue under new ownership. The current owners have well documented records and financials. There are significant value-add opportunities for new management. Please contact the business broker for more information.
***Only the Business is For Sale. The Real Estate is not for sale, the building is leased.***
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45,000 sqft