SBA Loan Approved - Long Established Bakery

Not Disclosed, CA
Monterey County


Asking Price: Annual Revenue:
$1,695,000 $3,100,000

Food & Beverage: Production - Bakery, Farms, Winery


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RE: SBA Loan Approved - Long Established Bakery Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $1,695,000
Annual Revenue: $3,100,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 48
BBN Listing #: 553711533
Broker Reference #: 4312

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Business Overview:

SBA Loan Approved - Long Established Retail & Wholesale Bakery -2 Locations - $3.5 Annual Sales

RRC#: 4312
Asking Price: $1,695,000
Location: Monterey County
Annual Revenue: $3,100,000
Annual Cash Flow: $600,000
Monthly Rent: $20,000
Expiration: 2027 plus 5 year Lease Option

Listing Description:
Price reduction with 90% SBA loan pre-approved for this Retail & Wholesale Bakery established in the mid 80's. This authentic European retail & wholesale Bakery gained a thriving, enthusiastic customer base, so much so the owner expanded into much larger additional premises and prospered by growing the Wholesale bakery market supplying fresh baked goods to well renowned restaurants, hotels, coffee houses, and delicatessens. As business grew the owner’s family assisted in many areas to ensure consistency of growth and control of this $3.5 million annual revenue Bakery business.

The business consists of a 2,500 square feet town center retail and café location and an 8,500 square feet wholesale Bakery kitchen with retail shop located in a nearby town center just a few miles away.

After almost 4 decades the owner has decided to hang up his apron and retire while passing on the mantle of responsibility to a possibly younger, but no less passionate owner.

The 48 employees, some who have been with the owner for decades, deliver a daily quality product making this business one of the premier Bakeries in California.

The equipment included with the sale is the gold standard for a large commercial bakery some of which includes; walk-in fridge and walk-in freezer, three 60qt and one 30 qt Hobart mixers, a 90 qt bread mixer, proofers, baguette molders, 3 large Revent, Hobart and Winkler specialty baking ovens, 600 sheet pans and 450 Bread trays, display cabinets, computers, the list is endless and represents how a professional commercial Bakery business should be and can be so successful.

A new owner will benefit with full training given in all aspects of running this business while also looking for new avenues of potential growth.
This is a highly confidential listing and all Buyer inquiries will be screened by the Broker personally prior to disclosing the name & address or any detailed financials.

SBA lenders have fully approved this opportunity for a 90% 10-year loan, so to receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and following discussions with the Broker, we'll send you the name and address of this business opportunity along with full financial information, leases & comprehensive list of equipment included with the sale.

General Information:
Organization: Inc
Year Established: 1985
Employees: 48
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $258,333
Monthly Cash Flow: $50,000
Annual Revenue: $3,100,000
Annual Cash Flow: $600,000
Annual Payroll: $1,300,000

Facilities:
Square Feet: 8,500 + 2,500
Seating: 30
Parking: Parking Lot and Street
Days/Hours of Operation: 6.30am - 3.30pm Daily

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 8,500 + 2,500 Seating: 30 Parking: Parking Lot and Street

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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