Established Bakery Restaurant for Sale - Great start up

Los Angeles County, CA

Established Bakery Restaurant for Sale - Great start up
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Asking Price: $160,000

Cash Flow: $118,558

Gross Revenue: $939,262

EBITDA: $28,060

FF&E: $93,034

Inventory: $14,058

Rent: $2,933 /Month

Established: 2007

Established Bakery Restaurant for Sale - Great start up

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Business Description

Successful Bakery in community

Bakers use their understanding of ingredients and food preparation to craft recipes and create baked goods. They measure and mix raw ingredients, bake and decorate items, and ensure that all raw and finished goods adhere to quality and food safety standards. It is with this in mind that we endeavor to peek the taste buds of every customer.

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
9/1/2022
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In the glass case, sugar sparkles like snow on the cinnamon twists, jelly donuts gleam in their translucent icing. Brown bread, in big round loaves, puts forth it's aroma of wholesome goodness. Upon entering the business seven seating tables are provided. Visual bakery goods are in large display cases and the the right a food court style server food table with hot trays. The kitchen is visible with ovens and preparation tables.
Competition:
We are a successful local bakery shop purchased from an already established bakery since 2007.
Growth & Expansion:
Global bakery products market is forecasted to reach USD 543.9 billion by 2024 growing at a CAGR of 2.6% during the forecast period (2019 - 2024). The bakery products have long been basic food products for human nutrition. The convenience, accessibility and nutrition profile associated with them are the major factors of their sustenance in the modern market. Bread has been a staple diet of many local cuisines worldwide and has shown a remarkable growth even during the period of global economic crisis.
Financing:
Lease is plus 5 year option.
Support & Training:
Will provide support for 2 weeks.
Reason for Selling:
Health issues
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Business Listed By:
JONATHAN FLORES

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