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Bread Bakery

  • Status: Pending
  • Price: $250,000

Lida Sadati

License No:
DRE #01825510
Email:
lida@lbaweb.com
Office:
(925) 932-2450
Mobile:
(925) 932-2450
  • Listing No: 4300
  • Status: Pending
  • Area: Marin County
  • Price: $250,000

Description

Semi absentee. Seller Claims the following:
30 years in business organic wholesale bakery and delivery business. This establishment has approximately 100 accounts in the bay area and 40 of the locations are major grocery stores. The bakery location is 1536 sq ft the rent is $2800.00. There is a year and a half left of the lease, the landlord is willing to extend the lease terms longer for the new owner per the seller.
Annual gross sales for 2022 $710994.11
Net income for the owner is $100,000. $65000 of the income is on payroll for the owner.
11 Employees 3 Ft and 2 pt Baker, 3 FT drivers 3 pt employees the payroll is $28000 a month.
The current owner only spends 15 hours a week managing the location.
The seller has some unique custom equipment that cost labor and uniforms the product to the specifications of the products.
Oven—Baxter spinning oven capacity 30 to 60 cookie sheets
Mixer- B.E.S. Mixer capacity 150 Lbs
Hood-14 foot wrap around Ansul hood not used but is mounted.
Custom made auto roller and sheeter, underground grease trap
Breadstick machine
Approximately 400 cookie sheets,And much more.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Bakery
License(s) Required: Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4300
Date Available: 08/01/2023
Reason For Sale:

Financial Information

Annual Total:
710,994/y
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:
28,000/m

Lease Information

Base Rent:
2,800
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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