Bakery Manufacturing & Wholesale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $110000
Net Profit / Cash Flow $220000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1980
Number of Employees 6 - 9
Inventory 100000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 4 weeks at 40 hours per week following the close of escrow.
Description Well established and profitable, this Wholesale Bakery has been in operation for the last 28 years. Current Owner has it for 18 years. The Bakery has a very steady clientele due to exceptional products and service. Products include muffins, croissants, French bread, and an assortment of cakes and pastries. Clients include universities, hotels, conference centers, hospitals and corporate clients-all in Los Angeles County. Bakery also delivers to certain clients baked goods packages and gift baskets. Bakery operates 2 shifts 6 days/week and closes on Saturdays. Company operates from a 5,200 sq ft facility with a rent of $4,050/month gross. Buyer will negotiate a new lease. Equipment is all owned and well maintained including 2 delivery vans. Year 2007 revenue was $1.1 million and a net profit of $220,000. Price is $750,000 which includes $25,000 of inventory. Seller will carry a note of $150,000 for a qualified Buyer. Email or contact Rashid Khalid at (818) 342-5222 x324 for more information on this Bakery Manufacturing & Wholesale business for sale.
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