Long established, highly profitable Wholesale Bakery & Cafe which is a huge opportunity for an experienced and passionate new owner/operator. This 4,500 sq ft business is all under one roof and is well managed and controlled. The owner is Quasi Absentee (10-15 hours per week) as the bulk of the employees have been working 10-20 years and know exactly how to run the day to day operations. Pre-approved for an SBA loan leaving a down of only around $300k for well qualified and experienced buyers. The business is very diverse with many wholesale accounts, 'to go' orders and seating for 150 in the cafe and patio. There is also a Beer and Wine license! This is a Landmark Bakery business with a first class reputation and is busy most days with monthly sales over $300,000. The Bakery is fully equipped to cope with the current and increases in business and runs like a Swiss Watch making breads, cakes and pastries to an established clientele. The wholesale bakery delivers breads to many local businesses which could also be greatly expanded. The Cafe is well laid out with a 40ft long counter displaying the many pastry and bread products. The Patio is attractive with it's well laid out tables and chairs under roof and shade while being cooled by a water misting system. An opportunity like this comes doesn't come to the market very often and there is a great opportunity for a new owner to take this business to even greater heights. To receive full details of this opportunity please complete the 'Confidential Information' request at the top of this page and we'll send you the name, address, financials & lease information. We will also send you the broker's agent contact information so you can discuss in more detail.

General Info

  • OrganizationInc
  • Established1970
  • Current Owner1980
  • Employees65
  • Reason For SaleRetirement

Facilities

  • Seating150
  • Square Feet4500 + Patio
  • Parking100+
  • LicensesHealth, Business and ABC Type 41 License
  • Open HoursMonday-Saturday 6.30am - 3.00pm Sunday 10.00am - 4.00pm

Lease

  • Rent6% -19,285 Inclusive NNN
  • Expiration2017
  • Yearly IncreaseContact For Info
  • Option3 year option, More being Negotiable
  • Deposit8000

Financials

  • Monthly Revenue$305,000
  • Monthly Cash Flow$35,000
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$$70,000

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location