Wholesale Bakery

Not Disclosed, CA
Orange County

Orange County

Asking Price: Annual Revenue:
$950,000 $1,923,788

Wholesale/Distribution: Non-Durable Goods

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RE: Wholesale Bakery Broker: Gregg Tobin

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,923,788
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 964120804
Broker Reference #: GBS # 424

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Business Overview:

Gateway Business Sales (GBS) represents a very well established and historically successful Wholesale Bakery located in Orange County. Only using the finest ingredients, the wholesale bakery features innovative and high-quality lines of freshly baked breakfast items, bread, bagels & rolls, cakes, pastries, specialty desserts and more. The Bakery operates from a 23,000 square feet facility and is strategically located and accessible to the major freeways.

STRATEGIC/SYNERGISTIC ACQUISITION A Strategic/Synergistic Buyer could benefit from eliminating certain redundant expenses to the net income and Sellers Discretionary Earnings (SDE) through acquisition. This could include combining locations and/or moving into the current Wholesale Bakery facility. The lease is good through May 2021 however the landlord is willing to offer a new 5-year lease and option for a new qualified buyer. The other option for a strategic or synergistic buyer could be to relocate the Wholesale Bakery Business and benefit from reduced overhead and operating expenses as well as possible replacement for salary and wages. Notwithstanding, the current baking operation is underutilized and has the ability to grow and handle a much higher capacity and volume of sales.

Customer base/crossover sales: The Bakery has a long list of high-profile clients and are connected with several large purchasing groups. A Strategic Buyer could have the opportunity to benefit from crossover sales and combining brands and products.

Sales/SDE: Historical & current status: The gross sales represented are based on October 2019 to September 2020 with fiscal year ending 9/30/20. The sales were down in the last 12 months due to the covid virus but the Bakery did show profitability The Sales from October 2018 to September 2019 were $3,226,409 and SDE $421,000. The Bakery showed growth from fiscal year 2018 when sales were $3,093,022 and SDE $366,699. Sales from October 2019-June-2020 (9 months) were $1,562,906 and SDE $215,226. Management expects sales to start picking up as food service and the hospitality industry continues to open up.

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Property Features and Assets:

The Bakery is 23,000 square feet and located in Southern California. The landlord will offer a new 5-year lease and 5-year option to a new buyer with rent and terms to be negotiated. The landlord has very strict guidelines for the approval process so a new buyer will need to have strong financials, liquidity, and related industry experience.

Market Competition and Expansion:

A new buyer or acquiring company will benefit from the goodwill created and all the referral business and also expand the product lines based on the equipment capabilities. Currently the bakery does not have an outside salesperson so the opportunity exists to continue the growth pattern by adding to the team.

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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