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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Specialty Bakery In Upscale Location

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $366000
Net Profit / Cash Flow  $58596
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2014
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Specialty Bakery In Upscale Location- Type 1 Hood- $365k Sales- $55k Profit RRC#: 2127 Asking Price: $109,000 Location: Contra Costa City, Contra Costa, California Yearly Revenue: $366,000 Yearly Cash Flow: $58,596 Monthly Rent: 3,627 base + NNN This is a great specialty bakery business for a hands on owner or partnership, in a desirable location with high pedestrian traffic. The business has been operating since January of 2011, with a projected $40K increase in sales from 2013 to 2014. The premises is 835 sq. ft. with monthly base rent of $2,880, plus $746 total for NNN & CAM charges. The existing lease term ends Jan. 1 2016, then a five year option to renew. Annual rent increases are 3% for the existing and for the option period. The interior has table and chair seating for eighteen, and features very high ceilings, polished cement floor surfacing, stylish pendant and recessed lighting. A nicely grained wrap around wood service counter features an inset glass display case and adjacent glass partition, and a contrasting engineered stone counter top surface. The behind counter has a POS system, an 8' type 1 hood with recently serviced fire suppression system, a 2-door gas convection oven, 2-door under counter fridge, a microwave oven, air pot coffee brewer, commercial grinder and two sheet pan roll racks. The kitchen area has all quarry tiled flooring, and equipment includes a 5 qt mixer and 20 qt commercial mixer, induction burner, a 2-door reach-in refrigerator, 3-compartment sink, prep sink and hand sink, ample wire rack shelving units and stainless wall shelves for plenty of storage, several stainless work tables and large under table flour bins. There is also a small built in office desk area, employee lockers, mop closet, in floor grease trap and there's a rear entrance for deliveries. There are two electrical panels with available power for adding additional equipment such as ovens, a walk-in, etc.

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