Asset Sale, North Bay Fully Equipped Commercial Bakery

Business Overview:

Year Established: 12 yearsUnder Current Owner: 12 yearsOrganization Type: N/AServices/Products: Commercial Bakery productionFFE: Delivery truck, depositor, 14×14 walk-in freezer, 2, single rack Revent ovens, enrobing machine, (1) 80qt and (2) 30qt, Hobarts, dishwasher, (4) 2-door refrigerators, SS tables, storage racks, pans, small wares, air compressor, etc.Layout: Office space, production room, walk-ins, packaging room, dry storage roomLease: 2,884 SF, part of industrial condo style building 10/31/2027 expiration, assignable, rent $2,730, CAM $365 security $2,275Personnel: Buyer to provideFinancial Demographics: 2010 newest data, Median income $75,967, 24.65 have income over $100,000, 31.5 with bachelor’s or higher, good work force availableHousing: 66,202 units, 52.6 owned, median price $699,000, with 431 building permits, median gross rents $1,971/mo. (2018)2,884 square foot industrial/commercial bakery FDA permitted with complete infrastructure and good layout with easy access to freeway. Plenty of parking includes one roll up door, no dock. Space available to add equipment.Fully equipped for bakery ready for expansion or sublet the kitchen with Landlords consent.Not a retail space.AS-IS Asset sale only, cash, no terms available. Only buyers with plans ready to execute and verifiable funds will be considered.Landlord is cooperative and prepared for next steps.Contact Brian Bacher, baking industry expert and agent at 408.368.8160 or bbacher@sunbeltbayarea.net

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Property Features and Assets:

Office space, production room, walk-ins, packaging room, dry storage room

Reason for Selling:

Relocation

Additional Details:

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