Business For Sale

Established Bakery Set In An Old Town District

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$350,000 $800,000

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Established Bakery Set In An Old Town District Broker: Wen Karkhanis
License #: 01233722

Quick Facts

Asking Price: $350,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 5
BBN Listing #: 31661219
Broker Reference #: LA3919

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Business Overview:

Well established bakery with 30 years history at great location for sale!


The store front enjoys great foot traffic, has outdoor seating facing busy promenade street, neighboring with restaurants, boutique stores and a movie theater. The fully equipped food processing and packaging space is at the back taking about half of the space with truck loading deck facing the rear alley (the shops on the opposite of the street don’t have rear alley to allow delivery truck to come in!)

The Store has been long termly supplying to Smart & Final and Jons. But due to the limited capacity of current owner who is to retire, the store has not taken advantage of its excellent location – it’s not open for weekends and has been focused on wholesale, no online business, not even catering the neighbor restaurants which have needs for bakery supply. If buyer could promote retail/online business, open during weekends, supply the neighboring restaurants and set up lunch menu to attract customers on the street, the sales would be greatly improved!

Permits: The store has retail/wholesale, food manufacture and restaurant permits which allow occupancy of 30 seats for both indoor and outdoor seating. The City does not allow outdoor seating in this area for new opened stores anymore! Nor issuance of permits for food retail and manufacture at one location either! So there is no other bakery competitor in this old town! If someone needs to have food product process and retail at the same spot, or wants to do bakery with outdoor seating, they have to acquire an older business which have permits like these, and this bakery has all of the permits!

Asking price includes Inventory + FF&E estimated worth of $130K. This will be asset sale with limited past financials provided.

For more info, please contact listing broker Wen at wen@linkbusiness.com with Listing ID LA3919.

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Reason for Selling:

Retiring

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.

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