Well Established Armenian Bakery

Asking Price$275,000

Cash Flow
$144,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$312,000

InventoryNot Disclosed

FF&E$125,000
Included in asking price
Real EstateNot Disclosed

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Well Established Armenian Bakery


Asking Price$275,000

Cash Flow
$144,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$312,000

InventoryNot Disclosed

FF&E$125,000
Included in asking price
Real EstateNot Disclosed

Business Description
Well established bakery being the only one to serve Armenian Baked goods in all of Santa Clarita Valley. Customers come from all over Santa Clarita Valley and beyond. Customers visit from as far as Lancaster, Pasadena, Simi Valley and all surrounding cities. Yes, even Glendale because customers say that this Bakery has the best Lahmajune they have had, so they come here, instead of their local bakeries. All baked goods are made fresh daily, with only quality and consistency (Recipes go along with sale). There is room too expand the menu (sandwiche, wraps, kebab). Sales are strong, and consistent, with increases year after year (great reputation and online reviews). Catering, wholesaling, and expansion of menu will really boost sales. The Lahmajune is unique compared to the rest. All kitchen equipment that is included is in newer condition, all being high quality reputable brands. Specifically the Stone oven, Range, Hood, and the numerous dough machines.
Surrounding neighborhood is being largely developed, with hundreds of new homes being built, which will result in thousands of new residents all walking distance away, with very little food options near by.
About the Business
Years in Operation
4
Employees
2
Facilities & Assets
All equipment is included to run this business. Completely turn key.
2 (5) year options remaining on the lease which is AMAZING. Options are assumable based on approval of new buyer/tenant by landlord.
Market Outlook / Competition
No local competition under 15-20 miles
Opportunities for Growth
Menu expansion, Wholesale, Catering, Cakes, Bread
About the Sale
Seller Motivation
Growing family with young baby. Mom needs to be with the kids
Transition Support
Free training after sale
Listing Info
ID
2387892
Listing Views
551

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Business Listed by: Shaunt Karaghossian Regal Real Estate

Listing ID: 2387892 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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