Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Business For Sale. Wholesale And Retail Bakery

LISTING DETAILS
Firms For Sale ID:
10679
Vendor reference:
848578
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,500,000  
Turnover / revenue:
$400,000
Net profit / cashflow:
$3,500,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
Image Not Found
BUSINESS DESCRIPTION
This sale includes 2 businesses, a retail and a wholesale bakery. The retail bakery was founded 22 years ago by an Argentinian husband/wife team. This was the ultimate mom and pop business, which prospered to the current 70 employee operation. They offer latin baked good such as empanadas, tamales, conchas and many other pannes dulces. They are located in a predominantly hispanic neighborhood and they tailor their product mix to Mexican, Central and South American baked goods. They also create beautiful and elaborate wedding and quinciniera cakes, and other function cakes. They have a very established clientele, loyal employees and wonderful relationship with the community.The wholesale bakery is located next door. They manufacture baked latin treats for grocery stores such as Ralphs, Food 4 Less and 7-11, and many others. This wholesale business started in 2003, is located next door to the retail store and has experienced tremendous growth in the past 3 years. Both businesses account for roughly 50%; of the total 24;3.5M sales. This is the perfect opportunity for someone who has bakery operations experience, and can identify areas of this business for growth opportunities. For more information, please contact Jacqueline Newton at 310-539-8300