ID 4d228366
For Lease
Negotiable
537 W Fourteenth St & 1115 E. Eighth St
Traverse City, MI 49684
Common Good Bakery is a rare offering: a European-style bakery with an established eight-person management team, premium market positioning, protected intellectual property, and a beloved brand, located in one of the Midwest’s most desirable communities. The business runs today without its founder in daily operations. For the right buyer, whether an experienced hospitality operator, a professional seeking a lifestyle investment, or someone passionate about craft baking who wants a proven concept, Common Good is a turnkey opportunity with exceptional fundamentals and room to grow. The sellers plan to retire and are prepared to support a thoughtful transition.
Two Established Locations in Downtown Traverse City - 14th Street is the original location and neighborhood anchor, where the brand was built and a high traffic location on 8th Street with catering production and liquor licensing in place. Both under long-term leases with predictable occupancy costs
WHAT YOU ACQUIRE - The brand and both USPTO trademarks; All equipment, including the 23,000-lb brick oven; Both location leases; Full Operations Manual; All Recipes and SOPs; Inventory and customer relationships; The Rebels’ Bread Club (9,500+ members); Class C and SDM liquor licenses; and the trained eight-person management team