Premier Southern California Bakery with Real Estate Included

CA

Premier Southern California Bakery with Real Estate Included
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Asking Price: $1,700,000

Cash Flow: $285,000

Gross Revenue: $3,679,340

EBITDA: N/A

FF&E: $271,000

Inventory: $57,000

Real Estate: $950,000

Established: 1945

Premier Southern California Bakery with Real Estate Included

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Business Description

Premier Bakery for Sale is profitable, organized, and very successful with an exceptional reputation and highest quality and customer service for the bakery goods. Bakery has won 22 years in a row the Best Bakery in County Award. The business has 5 outlets in leased space outside the main business and manufacturing plant. Each will be discussed confidentially with Owner. Business can be either purchased with property or to lease the business manufacturing and retail store along with parking. Bakery creates cakes, customer treats and goodies and has special events and seasonal items and many other bakery goods. Also has customized bakery goods. Does catering for bakery goods. Note: This Sale Price is based upon accepting the Union Employees and Union Contracts-Two Unions-the Bakers and then the Retail Clerks. Has current Union Contracts. Will discuss Union Pension Plan and any Underfunding in private conversations.

Seller is motivated to sell to retire from the business. Business was originally established in 1945. Son and Wife have owned since 1965. The Owners will provide complete training and sign a non-compete. Annual Sales have been above $3Million consistently. More details will be provided in strict confidentiality and disclosure due to the well known reputation of this business.

This can be a dream come true for a bakery type business owner, entrepreneur, family, investment conglomerate or a larger corporate concern. Many things can be accomplished to grow licensed operations from this business and its overall growth based on a new owner’s vision. A BUYER CONFIDENTIALITY AND DISCLOSURE MUST BE FILLED OUT FIRST.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
7,100
Employees:
40 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
7,100 sq. ft. facility, included in sale price
Financing:
SBA Lending Candidate for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Contact the Seller

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John Willingham, CBI, CCIM

Business Listed By:
John Willingham, CBI, CCIM, DRE #556588

Sunbelt Business Advisors

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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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