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Listed by:

David Fretty

(2 Separate Locations) Cafe Bakery For Sale- LA

Los Angeles, California - South, US
Asking Price:
$849,000 Furniture / Fixtures included
Sales Revenue:
$1,322,230
Cash Flow:
$992,350

For Sale: bakery café with 2 locations. Retirement forces sale. The original location was started 30 years ago. The owner is looking to retire. The businesses are located in San Luis Obispo, CA. We enjoy a great loyal customer base and are well integrated into our community. We bake amazing fresh baked goods as well as operate a café serving sandwiches, coffee, etc. We are looking for someone that wants to carry on our business and create its next chapter. Our records/financials are clean and up to date. We are profitable. Included in this sale are all FF&E, baking methods, recipes, employee training methods, website and marketing materials. At closing we will take an inventory. This value will be in addition to the purchase price. As part of the sale, we are willing to establish a transition period along with training for the new owner. To be clear, we are not interested in an owner financing deal structure. However, we believe that SBA is an option. We believe that a ROBS program can be an option as well. If you are not familiar with how a ROBS program works, we can refer you to people that can guide you through this program. We will require a completed signed NDA as well as a confidential questionnaire to be considered.

Property Information

Real Estate:

Lease

Location:

Los Angeles

Premises Details:

Includes FF&E

Business Operation

Expansion Potential:

Steady demand supports the long-term growth of this business.

Competition / Market:

Dominant force in the market.

Reasons for selling:

Retirement.

Employees:
12 Full-Time
Years established:
1996

Other Information

Support & training:

Full training and support.

Financing available:

Third party financing is available, SBA, ROBS.