High Volume High Net Retail Bakery in South Bay SBA Pre approved
High Volume High Net Retail Bakery in South Bay SBA Pre approved
Price: $1,300,000
Location: South Bay
Industry: Bread and Bakery Product Manufacturing
Listing ID: ZBB2088
This is a 29 years old bakery in high traffic location in South Bay. They are open 6 days a week and offer various bread, cakes, sandwiches and… Their reputation kept them going strong during the pandemic and they are doing very well now. The seller is looking to retire. Business is SBA pre-approved. This has been a pandemic-proof business with room to grow.
3380 sqft
$8,904 rent (including NNN)
The lease expires 6/2021 and has 2 x 5 years option
Full refrigeration/ cooler / freezer
23 employees
4.5 stars review
Total Sales: $1,718,000
Cash Flow: $504,000
Accounts Receivable: $5,000 (Included in Price)
Inventory: $15,000
Inventory Included: Yes
Reason For Sale:
Retirement and Health Issues
Training & Support:
Will be provided
Year Established: 1992
Days & Hours of Operation: 6 Days a week: Varies 6:30 / 7:30 am to 3 pm / 6 pm
Owner Hours Per Week:
Employees: Total 23 (9 FT/14 PT)
Monthly Rent: $8,904
Square Footage: 3380
Owner Qualifications:
Knowledge of baking and
bakery management is what current owners are bringing to the
business other than business management that needs to be
replaced by the buyer of the business.
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