Korean Bakery Whole Sale; 5-day Run, Distrib/Deliv Only, Net $300K, LA

Los Angeles, CA (Los Angeles County)

Korean Bakery Whole Sale; 5-day Run, Distrib/Deliv Only, Net $300K, LA
Contact Seller

Asking Price: $750,000

Cash Flow: $300,000

Gross Revenue: $840,000



Inventory: N/A

Rent: $4,300 /Month

Established: 2004

Korean Bakery Whole Sale; 5-day Run, Distrib/Deliv Only, Net $300K, LA

Save Print Share Valuation Report

Business Description

> A polular Korean brand wholesale bakery (company) established for decades in E. Los Angeles. Free standing. Bldg. seems a bit old, but a very cheap rent in a large space. Good for a independent local bakery factory
> A simple businesss structure that makes popular Korean bakery products, such as mochi, raw donuts, sesame gangjeong, sesame oil- sold seperately by different brand, etc. being made into a company brand and supplied to most of Korean major markets in California
> Suitable for owner operator or family business that has limited hours and does not require more than 5 employees, which can make a big profit. Since almost everything is done by machine at this workplace, no harsh work or hard labor needed
> Below is a summary of operation, financials and more;
• Monthly gross turnover is $70,000 on average
• The average net income, including cash income is an average of $25,000/mo
• Cost of goods sold is 30%
• Very reasonable rent, including 3 Net, is at $4,300
• 4 years leftover on the current lease, but the buyer can apply for a new lease or extension option
• Sizable premise is approx. 6,500 SF
• 4 years remaining on the current lease plus a five-year option
• Opening hours are from 5:00 am to 3:00 pm, 4 days a week, and from 5:00 am to 12:00 pm on Thursdays. Sunday only delivery
• 5 full-times work.
• And two owners work. One as a part-time as delivery person, and the other as a full-time manager
• Operated for 15 years by the same owner
• Payrolls are an average of $13,000 per month, including payroll tax
• Utility bills, insurance, mics expenditures are about $2,500 per month
• Ample parking at the premise
• Loans available – Term business loan is available for 50% down

Detailed Information

Los Angeles, CA
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Bakery machines, recipe books3
Support & Training:
2 weeks after closing
Reason for Selling:
Contact Seller

Contact the Seller

(from currently available funds)
Contact Seller Loading

Kevin Kim

Business Listed By:
Kevin Yong Kim

Bee Realty Group

Show Phone Number

View My Listings

Listing Statistics


Demographic Information


Ad#:1616978 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

California Tortilla

Franchise Opportunity
Capital Required: $402,400