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Businesses For Sale   >>   Food Production and Packaging Businesses For Sale

Well Established Commercial Bakery

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $512880
Net Profit / Cash Flow  $126624
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1999
Number of Employees  10 - 19
Inventory  151000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Personal

Description  
This well established commercial bakery is located within minutes of downtown Los Angeles. The business has operated since 1999 and has developed a loyal following of both retail (60% of total sales) and wholesale customers generating monthly sales of over $40,000. The full service facility produces a variety of pastries, breads and other baked items with two full size commercial baking ovens, 3 large Hobart mixers, and spacious prep and finishing areas. Asking Price $110,000. The business operates from a 2,000 square foot facility with a monthly rent of $5,243 (including CAM expense). The landlord will likely negotiate a new lease term with a new party. The sale includes all of the businesss?s furniture, fixtures and equipment, as well as the name, recipes, customer lists and other goodwill. Inventory valued at $1,000 at cost will be included in the purchase price. Competition naturally exists, however this business has continued to increase revenues over the years offering excellent products and services, maintaining an excellent reputation with its customers and community. The business has significant room to grow. As it has operated as a family operation, it has not capitalized on many of the opportunities available with increased marketing, a website, social media, and has primarily only catered to the Hispanic market.


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