Contact: Gregg Tobin At 949-546-0903 - Also Email This Contact Below
Asking Price: $1,295,000 Down Payment: Cash/Bank financing
Annual SDC: $450,000
Annual Gross: $3,000,000
Attributes: Training & Support, Relocatable, Real Estate Available, SBA Loan Pre-Qualified
Available for acquisition is a family owned and operated Wholesale Bakery established in 2004 and specializing in a wide variety of breads. The Bakery distinguishes itself from the competition by producing high quality breads at reasonable price points. To foster distribution to the regional market, the Bakery utilizes a fleet of eight bakery trucks and vans that deliver bread throughout the Coachella Valley, San Diego, the Inland Empire and Los Angeles County. To help reach more distant markets, such as Los Angeles, the Bakery subcontracts distribution to a third party.
Collectively, management estimates a total customer reach within a radius of 165 miles from its headquarters/bakery. The Bakery has developed an active customer base of over 250 accounts distributing to a wide variety of end markets ranging from food distributors, country clubs, restaurants/delis, hospitality, breweries and wineries, grocery stores, and casinos.
Investment: The asking price for the Bakery is $1,295,000. Parties interested in pursuing this transaction will be required to submit a non-binding proposal detailing the preliminary valuation of the company and suggested transaction structure. The business is being offered as an asset sale and structure is based on a cash free/debt free transaction.
Strategic/Synergistic Acquisition: This is an opportunity for a Strategic or related Food Distribution Company to acquire a well-established and historically successful Wholesale Bakery.
Property acquisition: The company's 7,552 sq. ft facility owned by the seller is available for purchase with the business. Asking Price $1,350,000.
The Sellers will offer 3 options for the property. A Buyer can purchase the property with the business or Sellers will offer a long-term lease at market rate. An acquirer can also relocate the business.
Facilities: The facility is an office and bakery totaling 7,552 square feet. Management estimates roughly 6,500 square feet is used to manufacture the bread, with the remaining 1,052 utilized for administrative purposes. The location features easy ingress and egress from the main thoroughfare, plentiful parking, modern amenities, an upgraded power system.
Growth and Expansion: Expansion into regions where the Company does not currently have a strong presence is an opportunity for growth cited by management. With the help of additional distributors, these areas could initially include further penetration into Los Angeles and Ventura Counties. The Bakery has achieved strong sales and profitability growth with very little sales and marketing efforts so a focused advertising campaign would introduce the Bakery brand and wide range of fresh baked bread products to potential customers.
Support/Training: The owners will train a new buyer and be available post transaction to ensure a smooth transition.
Terms: The business has been pre-approved for SBA financing based on buyers' financials, credit, and business experience. Down payment may range between 10-20% and loan is amortized over 10 years.
Reason Selling: Retire
Year Established: 2004
Employees: 9 ft & 30 pt
To get more information about this Wholesale Bakery - High Cash Flow, Well Operated business for sale in
Riverside County Area 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 #266035 on BizBen.com. In addition to phoning
Gregg Tobin, make sure you email Gregg Tobin above to get more info about this
Wholesale Bakery - High Cash Flow, Well Operated, to ask any questions or request an appointment to see this
business for sale. Thank you.