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A wonderful way to make bread
This iconic local bakery has 44 regional Shelf Keeping Units (SKUs) at retail groceries. Many local restaurants advertise with pride that they use their bread. The sour dough quality equals that of famed San Francisco. They boast a fleet of branded delivery vehicles. The business owns the equipment and building. They pay rent to the owner of the land. The land is also for sale. The business does not sell on line and has no sales force, great potential for an owner who can sell.
Call Carol Bennett at (661) 369-1516 or email [email protected]
Listed By: Carol Bennett
Background information
Reference:
BAKERCA001-N905
Year established:
1946
Reason selling:
Retirement
Finance
Sales:
$2,196,989
Profits:
$111,080
Profit type:
Discretionary Earnings
Operations
Employees:
This is a union shop of 22 employees
Equipment:
3 Peterson brick ovens, 3 rack ovens, 2 mixers, flour silo, sifter, slicers, forklift, 6 delivery trucks, computer system, proofing room, and bread racks,
Inventory:
Baked fresh 6 days a week.
Premises
Facility:
An historic accumulation of several lots and buildings with ample parking and room to expand operations.
Square footage:
19,192
Rent and lease terms:
The business pays $1,600 a month rent for the land. The business owns the buildings and installations. The land is also available for purchase at $150,000
Location:
Industrial, east side of Bakersfield, CA
Price and terms
Price:
$660,000
Down payment:
$33,000
Financing:
Cash sale
Training:
80 hours