Profitable Bakery for Sale in Rancho Palos Verdes

Rancho Palos Verdes, CA (Los Angeles County)

State-of-the-art oven
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Asking Price: Get Financing: $350,000

Cash Flow: $125,000

Gross Revenue: $800,000

EBITDA: N/A

FF&E: $120,000

Inventory: N/A

Lease Rate: $3,900 /Month

Established: 2010

Profitable Bakery for Sale in Rancho Palos Verdes

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Business Description

This highly profitable bakery has been in business for 8 years. The owner has been in the baking industry for well over 40 years and is now retiring. They now sell sandwiches after spending $30,000 in August on equipment and tenant improvements in order to make this possible. This is a rare opportunity to own a turnkey business with a substantial repeat customer base. Over 30,000 cars pass in front of the bakery daily. Great customer service. This is a must see opportunity.

Detailed Information

Real Estate:
Leased
Building SF:
1,680
Lease Expiration:
N/A
Employees:
5 ft 9 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful retail area with glass display cases as well as seasonal item display areas. Fully equipped bakery area with state-of-the art large oven, several mixers, coolers and freezers. Prominent storefront and facade.
Competition:
There is only one other local-owned bakery in the area.
Growth & Expansion:
Great opportunities to expand the product base and use of social media to build sales.
Support & Training:
Seller willing to provide support and training.
Reason for Selling:
Owner is retiring after more than 40 years in the baking industry
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Tony Cordi

Business Listed By:
Tony Cordi

Aspire Realty Advisors

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