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Business For Sale
BAKERY MANUFACTURING
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Asking Price: |
$750,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Producers, Bakery, Farms
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Year Established:
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1980 |
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# of Employees:
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9 |
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Yearly Cash Flow:
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$220,000 |
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Yearly Gross Income:
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$1,100,000 |
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Monthly Payroll:
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$24,000 |
Business for Sale Overview:
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.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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