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Property profile & analytics
OFF-MARKET
Investment properties

2760 Esplanande Chico, CA 95973

2,344 SF Built 2009
Property ID
Property summary
AI-generated overview

This exceptional business opportunity encompasses three thriving Great Harvest Bread Co. locations in Chico, CA, a vibrant college town. Established in 1998, the flagship Mangrove Avenue bakery, along with the Forest Avenue and Esplanade locations (2760 Esplanade Unit 160 being the listed property), offer a combined 2,344 square feet of operational space. Each location is fully equipped for baking and cafe operations, providing a turnkey solution for a new owner. The business model, operating under a freedom franchise agreement with Great Harvest, offers both support and autonomy. Current offerings include freshly baked bread, cafe 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 allows customers to witness the bread-making process, adding to the unique charm. The locations are strategically positioned to serve growing areas of Chico. Minimal marketing efforts to date suggest significant untapped potential for growth through increased local market engagement and participation in community events. This is a rare opportunity to acquire three established, profitable bakery locations in a desirable market as a single package. The sale includes all three Chico locations. Additional listings (SN24050709 & SN24049787) provide further details on the other two locations.

Property profile
Verified
Property type Investment properties
Year built 2009
Total area 2,344 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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