$608,000 Annual Profit - Established Since 1939 - Bakery & Cafe

Fresno, CA (Fresno County)

$608,000 Annual Profit - Established Since 1939 - Bakery & Cafe
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Asking Price: Get Financing: $1,600,000

Cash Flow: $600,000

Gross Revenue: $3,432,000



Inventory: N/A

Established: N/A

$608,000 Annual Profit - Established Since 1939 - Bakery & Cafe

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Business Description

$608,000 Annual Profit - Established Since 1939 - Bakery & Cafe - Asking Price $1.6 Million

RRC#: 2748
Asking Price: $1,600,000
Location: 7089 N Cedar Avenue, Fresno, California
Yearly Revenue: $3,432,000
Yearly Cash Flow: $600,000
Monthly Rent: $17,500

$608,000 in annual profit from $3.400,000 in Sales for this long established Bakery and Cafe. Asking price for this Business sale is $1.6million - The Real Estate is also for sale for a further $2.4million (see listing #2703). This opportunity is pre-approved for a 10 year SBA Loan and is available to well qualified buyers for the business or together with the real estate 20+ years. This opportunity would suit experienced business owners, professional bakers or 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 since 1939, Eddie''s is an extraordinarily busy Bakery which includes a Cafe, Coffee shop, Wholesale accounts & Catering with annual sales of $3.400,000 producing $608,000 profit. The business occupies a 5,100 sq ft of 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.

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 |

Yearly Revenues: $3,432,000 | Yearly Cash Flow: $600,000 | Payroll: $74360 |

Monthly Rent: $17,500 | Lease Expiration: New Lease Negotiable | Lease Option: 17500 | Security Deposit: 17500 |

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

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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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.

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