Contact: Rex Walters CBB: 831-239-2080
Status: Active Posting #: 256402 Refreshed: 9/24/2020
Asking Price: $850,000+
Down Payment: TBD
Annual SDC: $336,000
Annual Gross: $1,400,000
Attributes: Broker-Broker Coop, Training And Support
Excellent turn key commercial bakery. Very well established with great accounts and reputation. Monterey bay area. Seasoned employees & managers eager to stay. Current owner happy to stay involved tbd to ensure a smooth transition. Owner also owns the building, so negotiating a new lease will work. Price: $850,000 + inventory at cost (Estimated at $10,000.) Gross: $1.38M weighted average 3 years SDE: $336K for 1 full time working owner weighted average. Terms: SBA pre-approval Lease: Negotiate new with sellers. They own the building. Asset or stock sale possible.