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    1141 Forest Ave Chico, CA 95928

    Sponsored
    For Sale
    $495,000

    Profitable bakery, three locations, turnkey operation.

    Property size:
    2,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional business opportunity encompasses three thriving Great Harvest Bread Co. bakery locations in Chico, CA, a vibrant college town. Established in 1998, the flagship Mangrove Avenue bakery, along with the Forest Avenue and Esplanade locations, offer a combined 2,200 square feet of space. Each location is fully equipped for baking and cafГ© operations, including all necessary tools and equipment. The bakeries are known for their freshly baked bread, cafГ© fare, catering services, gift baskets, and retail items. Despite the challenges of the recent pandemic, consistent sales demonstrate a loyal customer base. The open layout of the Mangrove Avenue location provides a unique customer experience, showcasing the bread-making process. The Forest Avenue and Esplanade locations are strategically positioned in growing areas of Chico. The business operates under a freedom franchise model, offering support and autonomy. Significant growth potential exists through increased marketing efforts and participation in local markets and events. Minimal marketing has been undertaken to date, presenting a clear opportunity for expansion. This is a package deal including all three Chico locations. Further details on the individual locations are available in listings SN2405014 & SN24049787. The asking price for this established and profitable business is $495,000.

    Property Features for 1141 Forest Ave

    General Information

    Property type
    Investment properties
    Square Feet
    2,200 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Great Harvest Bread ... Caterer Mariscos La Costa ... Mexican Restaurant

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8041
    Latitude
    39.73838

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    FAQs

    What type of property is this?
    Investment property - Profitable bakery, three locations, turnkey operation.
    Where is this investment property located?
    The property is located at 1141 Forest Ave Chico, CA.
    What is the asking price?
    The asking price for this property is $495,000.
    (530) 228-2550
    Request Owner's contact information
    1141 Forest Ave Chico, CA 95928
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    Chico, CA 95928
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1141 Forest Ave Chico, CA 95928
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