Established Bakery Restaurant for Sale - Great start up

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Successful Bakery in community
Asking Price:
$160,000

Gross Revenue:
$939,262
Cash Flow:
$118,558
EBITDA:
$28,060
Inventory:
$14,058
included in asking price

FF&E:
$93,034
included in asking price

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Business Description

Bakers use their understanding of ingredients and food preparation to craft recipes and create baked goods. They measure and mix raw ingredients, bake and decorate items, and ensure that all raw and finished goods adhere to quality and food safety standards. It is with this in mind that we endeavor to peek the taste buds of every customer.

About the Business

Location:
Los Angeles County, California
Year Established:
2007
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$2,933.00 Per Month
Lease Expiration:
9/1/2022
Facilities:
In the glass case, sugar sparkles like snow on the cinnamon twists, jelly donuts gleam in their translucent icing. Brown bread, in big round loaves, puts forth it's aroma of wholesome goodness. Upon entering the business seven seating tables are provided. Visual bakery goods are in large display cases and the the right a food court style server food table with hot trays. The kitchen is visible with ovens and preparation tables.
Market Outlook/
Competition:
We are a successful local bakery shop purchased from an already established bakery since 2007.
Growth & Expansion:
Global bakery products market is forecasted to reach USD 543.9 billion by 2024 growing at a CAGR of 2.6% during the forecast period (2019 - 2024).
The bakery products have long been basic food products for human nutrition. The convenience, accessibility and nutrition profile associated with them are the major factors of their sustenance in the modern market. Bread has been a staple diet of many local cuisines worldwide and has shown a remarkable growth even during the period of global economic crisis.
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About the Sale

Reason For Selling:
Health issues
Training/Support:
Will provide support for 2 weeks.
Seller Financing:
Lease is plus 5 year option.

Listing Info

ID:
1475215
Ad Detail Views:
457

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Business Listed by
JONATHAN FLORES

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