Long Established Retail & Wholesale Bakery - SBA Loan Approved -

Long Established Retail & Wholesale Bakery - SBA Loan Approved - 2 Locations - $3+Million Revenues RRC#: 4185 Asking Price: $1,750,000 Location: Monterey County Annual Revenue: $3,100,000 Annual Cash Flow: $600,000 Monthly Rent: $20,000 Expiration: 2027 plus 5 year Lease Option Listing Description: Established in 1985 this authentic European retail & wholesale Bakery gained a thriving, enthusiastic customer base, so much so the owner expanded into much larger additional premises and prospered growing the Wholesale bakery market supplying fresh baked goods to well renowned restaurants, hotels, coffee houses, and delicatessens. As business grew the owner’s family assisted in many areas to ensure consistency of growth and control of this $3+ million annual revenue Bakery business. The business consists of a 2,500 sq ft town center retail and café location and an 8,500 sq ft wholesale Bakery kitchen with retail shop located in a nearby town center just a few miles away. After 37 years the owner has decided to hang up his apron and retire while passing on the mantle of responsibility to a possibly younger, but no less passionate owner. The 48 employees, some who have been with the owner for decades, deliver a daily quality product making this business one of the premier Bakeries in California. The equipment included with the sale is the gold standard for a large commercial bakery some of which includes; walk-in fridge and walk-in freezer, three 60qt and one 30 qt Hobart mixers, a 90 qt bread mixer, proofers, baguette molders, 3 large Revent, Hobart and Winkler specialty baking ovens, 600 sheet pans and 450 Bread trays, display cabinets, computers, the list is endless and represents how a professional commercial Bakery business should be and can be so successful. A new owner will benefit with full training given in all aspects of running this business while also looking for new avenues of potential growth. This is a highly confidential listing and all Buyer inquiries will be screened by the Broker personally prior to disclosing the name & address or any detailed financials. SBA lenders have fully approved this opportunity for a 90% 10-year loan, so to receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and following discussions with the Broker, we'll send you the name and address of this business opportunity along with full financial information, leases & comprehensive list of equipment included with the sale. General Information: Organization: Inc Year Established: 1985 Employees: 48 Reason For Sale: Other Interests Financial Information: Monthly Revenue: $258,333 Monthly Cash Flow: $50,000 Annual Revenue: $3,100,000 Annual Cash Flow: $600,000 Annual Payroll: $1,300,000 Facilities: Square Feet: 8,500 + 2,500 Seating: 30 Parking: Parking Lot and Street Days/Hours of Operation: 6.30am - 3.30pm Daily Location: Monterey County, California Year Established: 1985 Number of Employees: 48 Real Estate: Leased Building Sq. Ft.: 11,000 Rent: $20,000.00 Per Month Facilities: Square Feet: 8,500 + 2,500 Seating: 30 Parking: Parking Lot and Street