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Ethnic Bakery & Food Deli 2 Locations For Sale

San Diego, California - South, US
Asking Price:
$300,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,004,001 (USD)
Cash Flow:
$147,036 (USD)

Here is an opportunity to own a profitable bakery and fast casual food establishment with 2 locations, North County and Central San Diego. Business focuses in baking Mexican Sweet bread, pastries, cakes, as well as warm Mexican food. With most orders being to go, seller states that Covid has only affected revenue by 15%. The North County location is large enough to handle wholesale manufacturing, with a large storage room. Both locations are equipped with walk in coolers, walk in freezers, hoods, and grease traps. Seller is the manager and has 3 experienced bakers, 3 baker assistants, and 3 cake decorators doing the baking for both locations. Seller is willing to stay for a negotiated time frame and agreed compensation. Contact Ricardo

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends 4/2027 w/ 2, 5 year options

Leasehold Rent:

$13,968 (USD) per annum

Size in square feet:
5,962

Business Operation

Reasons for selling:

Divorce

Employees:
34
Years established:
2009

Other Information

Support & training:

2 Weeks

Furniture / Fixtures value:
$86,570 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price

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