Profitable Wholesale Bakery in South Florida

Broward County, FL

Seller Financing Available
Profitable Wholesale Bakery in South Florida
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Asking Price: $1,500,000

Cash Flow: $332,129

Gross Revenue: $5,027,392

EBITDA: N/A

FF&E: $600,000

Inventory: $60,000

Rent: $17,800 /Month

Established: 1973

Profitable Wholesale Bakery in South Florida

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Business Description

Wholesale bakery including fine Italian and Artisan breads, cookies, cakes and p

Wholesale bakery including fine Italian and Artisan breads, cookies, cakes and pastries for some of South Florida's most iconic hotels restaurants and retailers. An established name for over 40-years, Full staff in place, well-equipped, excellent books and records, outstanding room for growth and automation. New long-term lease in place at excellent rates. Seller wants to retire upon transition. May qualify for a Visa. 2018 annualized using 9/30th. Prospects must provide proof of funds, pre-qualification and experience. Down payment based on SBA funding. Please refer to listing number 0101-281037 and advisor Thomas Milana when inquiring about this listing.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
23,100
Lease Expiration:
11/30/2023
Employees:
47
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: $17800, Square Footage: 23100 , Building Type: Warehouse/Office Terms & Options: 1 five year option Expiration Date: 11/30/2023
Financing:
SBA loan available: $1,270,000 for 120months at 7.75%= $15,241.35 monthly payment
Support & Training:
Seller will train for 4 weeks at no cost
Reason for Selling:
Retirement
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Contact the Seller

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Tom Milana

Business Listed By:
Thomas Milana

Transworld Business Brokers, LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Sponsoring Broker:
Andrew Cagnetta

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