Asking price of $795,000 for this Bay area business boasting two quality Bakeries. Real European Pastries & Homemade Breads and Sandwiches both benefiting from highly visible locations on major thoroughfares. In business since 2007, this quasi-absentee owner expanded to an additional location in 2013 mixing the best ingredients with real handmade pastry rolled and molded into the finest quality pastries for sale in both stores. Cakes and Pastries are made in one and European crafted breads in the other with the offerings at both. The kitchens are modern and well equipped and as expected for a Bakery, loaded with ovens, dough mixers, proofers, display cabinets and walk-ins. No seating as these are 'Quick Service' counter style operations, more like large kitchens with a display counter. No plates, silverware or glassware to wash as "To Go' boxes are the style making for ease of operation and limiting the number of employees. All the staff and management are in place and all books and records with verifiable financials, good revenues and provable cash-flow are available to well qualified investors. 2020 saw annual sales revenues of $2.3million producing over $400,000 in owners profit. Pre-approved long term SBA financing available to experienced entrepreneurs with a passion for this industry. To receive more information and discuss this opportunity with the broker along with the broker's connections for a 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 & comprehensive 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 Coop.

General Info

  • OrganizationInc
  • Established2004
  • Current Owner2004
  • Employees36
  • Reason For SaleDeath in the Family

Facilities

  • SeatingContact For Info
  • Square Feet1065 +1200
  • ParkingParking Lot & Street
  • LicensesHealth and Business
  • Open Hours7.00am-7.00pm Daily

Lease

  • Rent$10,558
  • Expiration2022
  • Yearly Increase3%
  • Option5 yr Option
  • Deposit$5,000

Financials

  • Monthly Revenue$192,500
  • Monthly Cash Flow$36,217
  • Annual Revenue$2,310,000
  • Annual Cash Flow$434,610
  • Payroll$ 27,289

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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.

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