Established, Famous Neighborhood Bakery with Grocery for Sale!!!

Glendale, CA (Los Angeles County)

Established, Famous Neighborhood Bakery with Grocery for Sale!!!
Contact Seller

Asking Price: $269,000

Cash Flow: N/A

Gross Revenue: $489,000

EBITDA: $140,000

FF&E: $60,000

Inventory: $25,000*

Rent: $0.00

Established: 1996

*not included in asking price.

Established, Famous Neighborhood Bakery with Grocery for Sale!!!

Save Print Share Valuation Report

Business Description

An excellent income producing Bakery with Grocery Market business, which maintains Alcohol and Cigarette Licenses is currently for sale (not the property/shopping center). The business has been under the same ownership for 21+ years. As a result, the business has acquired a large, loyal and dedicated customer base. This thriving neighborhood business offers multiple income streams. Customers praise the fresh bread, bread products, produce and products offered at this business. The bakery
produces a variety of fresh breads, pastries, and delicacies. The business offers excellent growth potential, particularly to those looking to expand the business or implement creative, new approaches.
The only reason the owner is selling this prosperous business is to enter retirement. It's time for him.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Approx. 3,000 SF of Bakery and Grocery in a highly urbanized neighborhood. Lot of foot traffic.
Competition:
Surrounded with multifamily, apartment and single family houses all around. In the heart of Glendale, great area for grocery business. Has an excellent growth potential for the person with extra ideas, and vision. Liquor license, cigarette license, bakery and grocery, each has a separate income stream for visionaire.
Growth & Expansion:
Surrounded with multifamily, apartment and single family houses all around. In the heart of Glendale, great area for grocery business. Has an excellent growth potential for the person with extra ideas, and vision. Liquor license, cigarette license, bakery and grocery, each has a separate income stream for visionaire.
Support & Training:
Yes. 15 to 30 days.
Reason for Selling:
Full Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Ludwig Parsamian, Ph.D, Broker, CRS

Business Listed By:
Ludwig Parsamian, Ph.D, Broker, CRS

City Center Realty Group

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1444345 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.


Similar Listings


Pizza Factory

Franchise Opportunity In CA
Capital Required: $372,000