* Included in Asking Price
Sba Loan Pre-approved - Cafe And Wholesale Bakery With $3.6 Million In Annual Sales & $410k Profit.
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 which is a huge opportunity for an experienced and passionate new owner/operator. This 4,500 sq ft business is all under one roof and is well managed and controlled. The owner is Quasi Absentee (10-15 hours per week) as the bulk of the employees have 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 diverse 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 Bakery business with a first class reputation and is busy most days with monthly sales over $300,000. The Bakery is fully equipped to cope with the current and increases in business and runs like a Swiss Watch making breads, cakes and pastries to an established clientele. The wholesale bakery delivers breads to many local businesses which could also be greatly expanded. The Cafe is well laid out with a 40ft long counter displaying the many pastry and bread products. The Patio is attractive with it''s well laid out tables and chairs under roof and shade while being cooled by a water misting system. An opportunity like this comes doesn''t come to the market very often and there is a great opportunity for a new owner to take this business to even greater heights. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail. Region
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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