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Property Details for 115 Cottage Ave Cashmere WA 98815

MLS # : 1159852

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Property Photo MLS #: 1159852
115 Cottage Ave Cashmere WA 98815
Listing Number:   1159852
Listing Price:   $475,000
Type of Business:   Bakery
Business Name   Sure to Rise Bakery
Franchise   N

Katz Realty, Inc.
509-725-1701
Courtesy:   John L. Scott R.E. Wenatchee
-= Business Details =-
Major Type of Business:   Food & Beverage, Retail, Wholesale
Type of Business:   Bakery
Franchise:   N
Business Name:   Sure to Rise Bakery
Location:   Inside
Year Established:   1943
Years Current Owner in Business:   31
Number of Employees:   6
Hours of Operation:   7:30 - 6:00 T-Sat
Signage Stays:   Y
-= Property Details =-
Building
Building Condition:   Fair

Land
Lot Size:   3,484 Sq Ft
Lot Size Source:   Public Records

Parking
Total Uncovered Parking:   2
-= Financial Information =-
Expenses
Annual Expenses:   $134,536

Income
Annual Gross Sales:   $353,261
Net Proceeds:   $140,988

Values
Real Estate Value:   $180,000
Equipment Value:   $15,000
-= Location Information =-
Address:   115 Cottage Ave
City:   Cashmere
State:   WA
Zip Code:   98815
Community Name:   $Cashmere
Latitude:   47.52231300
Longitude:   -120.46913100
Driving Directions:   HWY 2, Left into Cashmere at first light, follow Cottage Ave, Bakery is on the right side of Cottage ave
-= Assessor Information =-
County:   Chelan
Tax Number:   231904930305
-= Purchase Information =-
Listing Price:   $475,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1159852
Listing Status:   Active
Listing Office:   John L. Scott R.E. Wenatchee
Co-listing Office:   JOHN L SCOTT LEAVENWORTH
Listing Date:   2017-07-12
Cumulative Days on Market*:   129
MLS Area:   971
Marketing Remarks:   Are you a baker looking to expand or branch out on your own? Sure to Rise is a thriving bakery in Cashmere, which has been in continuous operation for nearly 75 years. The storefront, which sits on the main street, brings in strong foot traffic from loyal locals & tourists. The wholesale side provides baked goods to many local restaurants. This beloved bakery is a consistently profitable business that has un-wavering community support & was voted Cashmeres Business of the Year for 2016.
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.
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