Popular Bakery Distress Sale

Not Disclosed, CA
San Diego County

San Diego County


Asking Price: Annual Revenue:
$79,000 $748,433

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Popular Bakery Distress Sale Broker: Steve Sharp
License #: 01734027
Owner Financing is Available!
$49,000 Down Payment

Quick Facts

Asking Price: $79,000
Annual Revenue: $748,433
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 13
BBN Listing #: 293623364
Broker Reference #: 106-15331

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Business Overview:

This popular bakery is being sold as a distress asset sale. Established, fully equipped bakery in business for more than 20 years, with a solid reputation for quality breads and baked goods. Located in a busy, premium mall in North County in a high traffic location and easily accessible. The bakery has a loyal customer following with huge growth potential in wholesale market. The owners are not bakers and business could be more profitable by reducing payroll and growing the wholesale side of the business. Currently the business does 30% wholesale and 70% retail. Great looking facility in high traffic shopping center. Sale is urgent as seller plans to shut down the business if a buyer is not secured quickly.

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Property Features and Assets:

This is a leased location of 1,880 square feet with a Total Rent of $13,422. Lease ends 11/2019 with two, 5 year lease options. Seller is active in the business with 5 Full Time employees and 8 Part Time employees. Hours of operation are Monday - Friday 6:30 to 6 Saturday 6:30 to 5 Sunday - 8-3. $15,000 in Inventory and $85,000 in FF&E included in Asking Price. $30,000 made in Leasehold Improvements.

Reason for Selling:

Focus on Other Business.

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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