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San Diego

  • Listing No.: 106-15331

  • Category: Food - Bakery

Asking Price $145,000
Down Payment $0
Gross Revenue $748,433
Total Adjusted Net Income $0
Equipment/Fixtures $85,000
Year Established 1998
General Location San Diego
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Established, turn-key, fully equipped bakery in business for more than 20 years, with a solid reputation for quality breads and baked goods. Located in a busy, premium mall in North County in a high traffic location and easily accessible. The bakery has a loyal customer following with huge growth potential in wholesale market. The owners are not bakers and business could be more profitable by reducing payroll and growing the wholesale side of the business. Currently the business does 30% wholesale and 70% retail. Great looking facility in high traffic shopping center. This is an ASSET SALE. Limited financial information available.

Gross Revenue $748,433 Listed Price $145,000
Total Income $0 Down Payment $0
Base Rent $9,490 Square Feet 1880
Total Rent $13,422 Lease Expiration 11/2019
Rent Deposit $3,218 Lease Options 2, 5 year options
Inventory $15,000 Leasehold Improvements $30,000
Equipment/ Fixtures $85,000 Other Assets
Full-Time Employees 5 Training Period 30 days
Part-Time Employees 8 Special License Required
Contract Staff 0 Reason for Selling Focus on Other Business

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.