Profile: Wholesale Bakery-Specialty Frozen Product. National Distribution.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Todd Moore, Broker
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| Primary Phone: |
650-988-1870 |
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| Alternate Phone: |
650-996-4520 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
8/4/08 |
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| Date Last Revised: |
8/6/08 |
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| BizBen Ad #: |
125857 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$325,000 |
| Down Payment: |
$225,000 |
| Annual Revenue: |
$598,000 |
| Annual Adjusted Net: |
$152K |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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** The New Buyer Must Take Over The Position Of The Baker And Work 40 Hours/Week To Make 152K Adj. Net, Or Take Over The Manager Position At 20 Hrs/Wk To Make 125K.**
Highlights The Product Is Very Unique And Only 2 Major Competitors, Both Out Of State:
Products / Services / Customers The Success Of This Business Is Its Unique Products: High-End Frozen Pastries Sold Through Distributors Throughout The Bay Area And Several Other States. The Benefit Here For The Customer Is They Can Produce “Their Own” Fresh Baked Items On-Site At A Much Lower Cost Than It Would Be To Make From Scratch. The Quality Is Extremely High Where “Generic” Frozen Pastries Cannot Compete.
Competitive Advantage With Only 2 Other Major Competitors, Both Out Of State, This Business Is Able To Deliver Faster To California And Surrounding States.
Potential To Increase Business Target Specialty Food Distributors Around The Country.
Seller's Role In Operation 3 Owners: 1 Absentee(Out Of State), 1 Office Manager, 1 Pastry Chef. Pastry Chef Will Stay On Full Time If Needed.
Employees (Now) 4
Employees (*adj.) 5
Owner Hrs (Now) 1@25 Hours Per Week
Owner Hrs (*adj.) 1@ 25 Hours Per Week
Operating Hours M-F:6:30-3
Reason For Sale Retirement
Rent-Base 3,900
Rent-Cam/Nnn N/A
Expiration June 30, 2011
Option To Be Negotiated
Rent Deposit 3,500
Size 5,040 S.F. Shared W/ 1 Tenant @ 1/3 Each + 1/3 Common
Licenses Business & State Health
Established Feb. 2006
Curr. Owner Feb. 2006
Non Compete 5 Years / 500 Miles.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Todd Moore, Broker at 650-988-1870 or 650-996-4520 Non Disclosure Agreement |
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