This authentic European retail & wholesale Bakery was established some 38 years ago. Such was their success the owners expanded into much larger additional premises and prospered by growing the Wholesale bakery market supplying fresh baked goods to well renowned restaurants, hotels, cafe's and deli's. After almost 4 decades the owner has decided to hang up his apron and retire while passing on the mantle of responsibility to a possibly younger, but no less passionate an owner. The business is made up of a 2,500 sq ft town center retail and café location and a large wholesale Bakery kitchen with a retail shop located in close proximity just a few miles away. Retail accounts for approximately $2 million in annual sales revenues and wholesale $1.2 million. 3 Vans deliver each morning to over 100 regular accounts. A Buyer can obtain 80% financing with an SBA loan and just 20% down ($315,000). Full Management is in Place with 48 employees, some who have been with the owner for a decade, delivery a quality product and make this business one of the premier Bakeries in Northern California.The equipment included with the sale is the "Gold Standard" for large commercial bakeries some of which includes; walk-in fridge and walk-in freezer, three 60qt and one 30 qt Hobart mixers, a 90 qt bread mixer, proofers, baguette molders, 3 large Revent, Hobart and Winkler specialty baking ovens, 600 sheet pans and 450 Bread trays, display cabinets, computers, the list is endless and represents how a professional commercial Bakery business can be so successful.
A new owner will benefit with full training given in all aspects of running this business while also looking for new avenues of potential growth. Good Books and Records with Verifiable Financials showing growing revenues & consistent highly profitable earnings. Low Rent at 7% of sale revenues combined with a long lease makes for a very long term proposition.
This is a highly confidential listing and all Buyer inquiries will be screened by the Broker personally prior to disclosing the name & address or any detailed financials.
SBA lenders have fully approved this opportunity for an 80% 10-year loan. 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 following discussions with the Broker, we'll send you the name and address of this business opportunity along with full financial information, leases & comprehensive list of equipment included with the sale.
- Current Owner1985
- Reason For SaleRetirement
- Square Feet8,500 + 2,500
- ParkingParking Lot and Street
- LicensesHealth, Business & ABC Type 41 Beer and Wine licenses
- Open Hours6.30am - 3.30pm Daily
- Yearly IncreaseContact for Info
- Option5 year Lease Option
- Monthly Revenue$269,000
- Monthly Cash Flow$30,490
- Annual Revenue$3,227,993
- Annual Cash Flow$365,870
- 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.