Premier Southern California Bakery with an Exceptional Reputation

Financial Information

  • Asking Price: $1,700,000
  • Gross Revenue: $3,679,340
  • Cash Flow: $285,000
  • Down Payment: ON REQUEST
  • FF&E (Included): $271,000
  • Inventory: $57,000
  • Financing: Yes

Business Location

  • Confidential
  • California
Primary Business Category: Other Specialty Food Stores

Premier Bakery for Sale is profitable, organized, and very successful with an exceptional reputation and highest quality and customer service for the bakery goods. Bakery has won 22 years in a row the Best Bakery in County Award. The business has 5 outlets in leased space outside the main business and manufacturing plant. Each will be discussed confidentially with Owner. Business can be either purchased with property or to lease the business manufacturing and retail store along with parking. Bakery creates cakes, customer treats and goodies and has special events and seasonal items and many other bakery goods. Also has customized bakery goods. Does catering for bakery goods. Note: This Sale Price is based upon accepting the Union Employees and Union Contracts-Two Unions-the Bakers and then the Retail Clerks. Has current Union Contracts. Will discuss Union Pension Plan and any Underfunding in private conversations. Seller is motivated to sell to retire from the business. Business was originally established in 1945. Son and Wife have owned since 1965. The Owners will provide complete training and sign a non-compete. Annual Sales have been above $3Million consistently. More details will be provided in strict confidentiality and disclosure due to the well known reputation of this business. This can be a dream come true for a bakery type business owner, entrepreneur, family, investment conglomerate or a larger corporate concern. Many things can be accomplished to grow licensed operations from this business and its overall growth based on a new owner's vision. A BUYER CONFIDENTIALITY AND DISCLOSURE MUST BE FILLED OUT FIRST


Support / Training Comments

Seller will negotiate training


Financing Comments

SBA Lending Candidate for a qualified buyer


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1945
  • Franchise: No
  • Year Acquired: 1965
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, Health

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $950,000
  • Real Estate Asking: $950,000
  • Days Open: Monday-Saturday
  • Hours Open: Mon-Fri 5:30am-6:00pm; Sat 5:30am-5:00pm
  • Fulltime Employees: N/A
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 7,000 sq ft
  • Parking: Ample
  • Monthly Rent: N/A
  • Lease Terms: Available for lease or purchase

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Business Listed by

Sunbelt Bakersfield

Contact: Phil Haney
Office Phone: 661-323-2358
Mobile Phone: 661-644-5313
Listing ID: BAKERCA001-N887

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.