Price Reduced to $875,000 for these Southern Californian Coastal towns boasting two quality Bakery/Café's. Real French Pastries, Superb Coffee and Homemade Breads for Sandwiches all offered within a modern setting, outdoor patio seating and a sea view. Also benefitting from a highly visible location on an extremely busy major thoroughfare, while remaining in a desirable residential setting. In business for many years, the quasi-absentee owner expanded, employed a highly qualified French Pastry Chef and added another larger premises which boasts a modern bakery and café. Mixing the best ingredients with real handmade pastry rolled and molded into the finest quality pastries this side of Paris (France) for sale in both stores. Most large-scale production takes place at the newer, larger and more modern location. The smaller store also comes well equipped with a specialized French pastry convection oven, 20-pan retarder/proofer and French curved-glass refrigerated display case and Traulsen reach-in refrigerator and freezer to easily and efficiently provide fresh baked high-quality French pastries to customers, (see photos attached). The expertly designed newer facility is fully equipped and Includes 2 French pastry convection ovens, a custom 8-door reach-in refrigerator/freezer, bench-top reversible dough sheeter, 20-pan retarder/proofer, VMI 50qt spiral dough mixer, as well as numerous stainless steel and wood-top work tables, refrigerated prep tables, and a full array of support equipment, tools, all incorporated within a spotlessly clean bakery kitchen. Each cafe is fully outfitted with top of the line espresso machines and grinders as well as coffee brewers, refrigerators, panini presses, counter-top ovens and soup warmers. Sales revenues have increased dramatically in 2020 and are now enjoying monthly revenue of $100,000 with monthly profits of $45,000. Annualized at $1.2 million sales with $500,000 in profit. Asking price for both cafés & bakeries is $875,000. The owners currently guide operations and production with 12 employees from 7am - 4pm daily and there is demand to open for early evening business to greatly increase the sales revenues. The business is solid and has an extremely high reputation within the local community and the many tourists alike. Ideally suited to an existing restaurateur or successful business minded individuals looking to expand and enjoy the high margins this established bakery is proving to be capable on a consistent basis. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long term SBA loan solution please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & full list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
No Broker Co-op.
- OrganizationContact For Info
- Current Owner2013
- Reason For SaleOther Interests
- Seating30 + 30 Outdoors
- Square Feet2062 for Both Locations
- ParkingPrivate 10 Parking Spaces & Street
- LicensesHealth and Business
- Open Hours7.00am - 4.00pm Daily
- Rent$11,000 Inc NNN for Both Locations
- Yearly IncreaseContact For Info
- OptionTwo 5 year options to renew
- Monthly Revenue$100,000
- Monthly Cash Flow$45,000
- Annual Revenue$1,200,000
- Annual Cash Flow$540,000
- Down Payment$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.