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