* Included in Asking Price
Long Established Retail And Wholesale Bakery & Cafe Achieving $3.6 Million In Annual Sales
Asking Price: $1,200,000
Location: Central Valley, Central Valley, California
Yearly Revenue: $3,660,000
Yearly Cash Flow: $420,000
Monthly Rent: 19,285 Inclusive NNN, 6%
Long established & highly profitable Wholesale Bakery & Cafe a huge opportunity for an experienced and passionate operator. This 4,500 square foot business is all under one roof and can be easily managed and controlled. The owner is Quasi Absentee (10-15 hours per week) the main employees having been working 10-20 years and know exactly how to run the day to day operations. Pre-approved for an SBA loan leaving a down of only around $300k for well qualified and experienced buyers. The business is very diversified with many wholesale accounts, ''to go'' orders and seating for 150 in the cafe and patio. There is also a Beer and Wine license! This is a Landmark business with a first class reputation and is busy every day with monthly sales of over $300,000. The Bakery is fully equipped and runs like a Swiss Watch making breads, cakes and pastries to a very discerning client base. The wholesale bakery delivers breads to the many local businesses which could be greatly expanded. The Cafe is well laid out with its 30ft long counter displaying the many exquisite products. The Patio is attractive with it''s well laid out tables and chairs under roof and shade while being cooled via a comprehensive water misting system. An opportunity like this comes to the market very infrequently and is a very successful business for a new owner to take to even greater heights. This is a highly confidential listing so complete the ‘Confidential Information’ request at the top of this page and the broker will contact you regarding the name, address, financials & lease information.
Organization: Corporation | Year Established: 1970 | Current Owner: 1980 | Employees: 65 | Seating: 150 | Square Footage: 4500 + Patio | Parking: 100+ | Licenses Required: Health, Business and ABC Type 41 License | Days Open/Hours: Monday-Saturday 6.30am - 3.00pm Sunday 10.00am - 4.00pm | Reason For Sale: Retirement |
Yearly Revenues: $3,660,000 | Yearly Cash Flow: $420,000 | Payroll: $70000 |
Monthly Rent: 19,285 Inclusive NNN, 6% | Lease Expiration: 2017 | Lease Option: 3 year option | Security Deposit: 8000 |
Seller Reference #2491
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