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For Sale: Wholesale Bakery - Orange County


Current Status: In Contract     Posting #: 255358     Last Refreshed: 12/1/19    
Contact: Gregg Tobin At 949-546-0903  -  Also Email This Contact Below
Price:  $1,595,000     Down:  Call     Adjusted Net:  $550,000+     Revenue:  $3,300,000    
Attributes:  Training & Support     Cooperation With Brokers?  No
Orange County Wholesale Bakery Business For Sale

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  Description About This Posting: Wholesale Bakery
Summary Description:
Available for acquisition is a very successful wholesale bakery located in Orange County. Only using the finest ingredients, the wholesale bakery features innovative and high-quality lines of freshly baked breakfast items, bread, bagels & rolls, cakes, pastries, specialty desserts and more.

The bakery operates in a large facility and features high-quality equipment in a clean and safe environment. Notwithstanding, the current baking operation is underutilized and has the ability to grow and handle a much higher capacity and volume of sales. The bakery is strategically located near the freeways and easily accessible for deliveries.

The success of the wholesale bakery has also been predicated on the superb customer service and commitment from the owner who will ensure a smooth transition.

The Gross Revenue and Cash Flow (SDE) represented above are an average of the last 12 months. The sales for the last 9 months October 2018-June 2019 are $2.5 and historically September through December account for the highest revenue months. Tax returns are prepared in a 9/30 fiscal year and sales increased from the fiscal year 2017 to 2018 by 20%.

Deal Structure & SBA Financing: The business is being offered as a cash-free/debt-free transaction. The Business has been pre-approved for SBA financing based on a Buyers qualification including financials, credit, and experience

Our client's company has shown strong growth and solid cash flow and is positioned well for a strategic, investment, or an entrepreneurial buyer seeking an acquisition. The listing is very confidential so all prospective acquirers must be financially qualified to receive the Confidential Information Memorandum (CIM) upon signing the NDA and completing the Buyer profile

General Information:

Facilities: The lease good through August 2023 and rent with NNN/CAM is only $1 per sq. ft.

Growth and Expansion: A new buyer or acquiring company will benefit from the goodwill created and all the referral business and also expand the product lines based on the equipment capabilities. Currently the bakery does not have an outside salesperson so the opportunity exists to continue the growth pattern by adding to the team.

Support/Training:
Comprehensive training and support will be provided to the new acquirer
Terms: Cash/SBA

Reason Selling: Relocating

Current status:
I wanted to inform you that the BUSINESS has an accepted offer. The current Buyer has an exclusivity clause in the agreement that prohibits negotiating with other prospects or providing the Confidential Information Memorandum (CIM) or financials on the business.

We encourage you to reply to the add so that we can forward the Disclosure Package to complete in the event the business becomes available. In many cases the businesses in our company portfolio are under contract prior to placing ads on internet sites however all buyers in our data base with signed disclosures and prequalified profiles receive the first notification of new client engagements.

To get more information about this Wholesale Bakery business for sale in Orange County please phone Gregg Tobin (Agent - BRE License #:01365233) at 949-546-0903 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #255358 on BizBen.com. In addition to phoning Gregg Tobin, make sure you email Gregg Tobin above to get more info about this Wholesale Bakery, to ask any questions or request an appointment to see this business for sale. Thank you.

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