$3.4million Annual Sales, $608,000 Profit - Established 1939 Bakery

Fresno, CA (Fresno County)

$3.4million Annual Sales, $608,000 Profit - Established 1939 Bakery

Asking Price:$4,000,000

Cash Flow:$600,000

Gross Revenue:$3,432,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

$3.4million Annual Sales, $608,000 Profit - Established 1939 Bakery

Get Financing Save Print Share Valuation Report

Business Description

$3.4million Annual Sales, $608,000 Profit - Established 1939 Bakery & Cafe - Real Estate Included.

RRC#: 2703
Asking Price: $4,000,000
Location: 7089 N Cedar Avenue, Fresno, California
Yearly Revenue: $3,432,000
Yearly Cash Flow: $600,000
Monthly Rent: Contact For Info

LISTING DESCRIPTION:
$608,000 in annual profit from $3.400,000 in Sales for this long established bakery and cafe. The Real Estate is included or a new lease would be prepared for buyers who wish to only purchase the business (see listing #2748). Owners may consider separating the Business sale from the Real Estate and therefore a new lease would be negotiable. Asking price for the Business sale is $1.6million - asking price for the Real Estate is a further $2.4million making $4million in total. This opportunity is pre-approved for a long term SBA Loan and is available to well qualified buyers for the business (10 years) or together with the real estate (20+ years). This opportunity would suit experienced business owners, professional bakers and entrepreneurs with excellent financials, good credit along with management knowledge and experience working in a high volume Bakery and Catering operation. Long Established name and business, Eddie''s is an extraordinarily busy Bakery which includes a Cafe, Coffee shop, Wholesale accounts & Catering with annual sales of $3.4 million producing $608,000 profit. The business occupies a 5,100 sq ft free standing building with a 600 sq ft patio and included with the sale are 2 delivery vans (1 Refrigerated). The modern appeal and sweeping curved counter operation stands alone as a premier high volume bakery business. 2,600 sq ft of front of house with 2,500 of kitchen space with separate preparation areas, ovens, stoves, walk-in and ample refrigeration and storage space. The modern ''L'' shaped Cafe is an example of excellent design which is both appealing and efficient. Glass counters display the many baked products and breads for sale with an end cap coffee shop while the comfortable cafe seating allows for lunchtime soups, salads and sandwiches. The 30 seater patio and private dining room add the final touch to this busy bakery/cafe business. To receive full details of this opportunity please complete the ‘Confidential Agreement’ request at the top of this page and we’ll send you the list of equipment included, full financial disclosure & SBA loan request information. We will also send you the agent’s contact information so you can discuss this tremendous opportunity in more detail

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1939 | Current Owner: 2007 | Employees: 25 Full time 15 Part time | Seating: 130 | Square Footage: 5100 + 600 Patio | Parking: 100+ | Licenses Required: Health & Business | Days Open/Hours: 6.00am - 6.00pm Mon - Sat, Sun 7.00am - 3.00pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $3,432,000 | Yearly Cash Flow: $600,000 |

LEASE INFORMATION:
Monthly Rent: | Lease Expiration: Real Estate Included | Yearly Adjustment: Real Estate Included | Lease Option: Real Estate Included | Security Deposit: Real Estate Included |

Listing Statistics for Premium Members

Ad#:1369763 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Find out more...

Get more details about this business.


Similar Listings


InstaHealthy

Franchise Opportunity In CA
Capital Required: $50,000