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Listed by:

Restaurant Realty Company

Broker license number: 01310250

Long Established Retail & Wholesale Bakery In Monterey County For Sale

Monterey County, California - North, US
Asking Price:
$1,750,000
Sales Revenue:
$3,100,000
Cash Flow:
$600,000

Long Established Retail & Wholesale Bakery - SBA Loan Approved - 2 Locations - $3+Million Revenues

RRC#: 4185
Asking Price: $1,750,000
Location: Monterey County
Annual Revenue: $3,100,000
Annual Cash Flow: $600,000
Monthly Rent: $20,000
Expiration: 2027 plus 5 year Lease Option

Listing Description:
Established in 1985 this authentic European retail & wholesale Bakery gained a thriving, enthusiastic customer base, so much so the owner expanded into much larger additional premises and prospered growing the Wholesale bakery market supplying fresh baked goods to well renowned restaurants, hotels, coffee houses, and delicatessens. As business grew the owner’s family assisted in many areas to ensure consistency of growth and control of this $3+ million annual revenue Bakery business.

The business consists of a 2,500 sq ft town center retail and café location and an 8,500 sq ft wholesale Bakery kitchen with retail shop located in a nearby town center just a few miles away.
After 37 years 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 owner.
The 48 employees, some who have been with the owner for decades, deliver a daily quality product making this business one of the premier Bakeries in California.
The equipment included with the sale is the gold standard for a large commercial bakery 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 should be and 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.
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 a 90% 10-year loan, so 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.

General Information:
Organization: Inc
Year Established: 1985
Employees: 48
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $258,333
Monthly Cash Flow: $50,000
Annual Revenue: $3,100,000
Annual Cash Flow: $600,000
Annual Payroll: $1,300,000

Facilities:
Square Feet: 8,500 + 2,500
Seating: 30
Parking: Parking Lot and Street
Days/Hours of Operation: 6.30am - 3.30pm Daily

Property Information

Real Estate:

Lease

Location:

Monterey County

Premises Details:

Square Feet: 8,500 + 2,500
Seating: 30
Parking: Parking Lot and Street

Size in square feet:
8,500 + 2,500

Business Operation

Reasons for selling:

Other Interests

Trading hours:

6.30am - 3.30pm Daily

Employees:
48
Years established:
1985

Other Information

Support & training:

Yes

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