Well Established Bakery Set In An Old Town District

Los Angeles County, CA

Well Established Bakery Set In An Old Town District

Asking Price:$500,000

Cash Flow:$90,000

Gross Revenue:$800,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1985

Well Established Bakery Set In An Old Town District

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Business Description

Well established bakery store with 30 years history in an old town setting for sale! The store front has patio seating facing busy promenade street, full of restaurants, boutique stores and a movie theater. Total occupancy allowed for both indoor and outdoor seating is 30. The store comes equipped with a baking facility and processing space located in the rear of the building with its own entrance on the adjacent street. The Store has been long termly supplying to Smart & Final and Jons. The store has retail/whole sale and restaurant permits. The opportunity exists due to owner's retiring.
For more info, please contact listing broker Wen at 941.526.9920 with Listing ID LA3919

Detailed Information

Employees:
5
Facilities:
Lease Expires - 2017
Support & Training:
2 weeks @ 20 hours per week
Reason for Selling:
Retirement

Listing Statistics for Premium Members

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Wen Chen-Karkhanis

Business Listed By:
Wen Chen-Karkhanis

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Sponsoring Broker:
Ronald Hottes

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