Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

Gateway Business Sales

Wholesale Bakery With Property For Sale

Riverside/Temecula/Coachella Valley area, California - South, US
Asking Price:
$1,295,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,000,000 (USD)
Cash Flow:
$450,000 (USD)

Available for acquisition is a family owned and operated Wholesale Bakery established in 2004 and specializing in a wide variety of breads. The Bakery distinguishes itself from the competition by producing high quality breads at reasonable price points. To foster distribution to the regional market, the Bakery utilizes a fleet of eight bakery trucks and vans that deliver bread throughout the Coachella Valley, San Diego, the Inland Empire and Los Angeles County. To help reach more distant markets, such as Los Angeles, the Bakery subcontracts distribution to a third party. Collectively, management estimates a total customer reach within a radius of 165 miles from its headquarters/bakery. The Bakery has developed an active customer base of over 250 accounts distributing to a wide variety of end markets ranging from food distributors, country clubs, restaurants/delis, hospitality, breweries and wineries, grocery stores, and casinos.

Income & SDE/Adjusted EBITDA: The gross sales represented are based on annualized sales and earnings in 2020. The sales through October 31, 2020 were $2.3 million and Sellers Discretionary Earnings (SDE) was $381k and adjusted EBITDA $252k.

Investment: The asking price for the Bakery is $1,295,000. Parties interested in pursuing this transaction will be required to submit a non-binding proposal detailing the preliminary valuation of the company and suggested transaction structure. The business is being offered as an asset sale and structure is based on a cash free/debt free transaction.

Strategic/Synergistic Acquisition: This is an opportunity for a Strategic or related Food Distribution Company to acquire a well-established and historically successful Wholesale Bakery.

Property acquisition: The company’s 7,552 sq. ft facility owned by the seller is available for purchase with the business. Asking Price $1,350,000.
The Sellers will offer 3 options for the property. A Buyer can purchase the property with the business or Sellers will offer a long-term lease at market rate. An acquirer can also relocate the business.

Asking Price with Property $2,645,000

Property Information

Real Estate:

Real Property Included

Location:

Riverside/Temecula/Coachella Valley area

Premises Details:

The facility is an office and bakery totaling 7,552 square feet. Management estimates roughly 6,500 square feet is used to manufacture the bread, with the remaining 1,052 utilized for administrative purposes. The location features easy ingress and egress from the main thoroughfare, plentiful parking, modern amenities, an upgraded power system.

Size in square feet:
7,552

Business Operation

Expansion Potential:

Expansion into regions where the Company does not currently have a strong presence is an opportunity for growth cited by management. With the help of additional distributors, these areas could initially include further penetration into Los Angeles and Ventura Counties. The Bakery has achieved strong sales and profitability growth with very little sales and marketing efforts so a focused advertising campaign would introduce the Bakery brand and wide range of fresh baked bread products to potential customers.

Reasons for selling:

Retire

Employees:
9 ft & 30 pt
Years established:
2004

Other Information

Support & training:

The owners will train a new buyer and be available post transaction to ensure a smooth transition.

Financing available:

SBA pre-approved

Relocatable:
This business can be relocated.

Contact Gateway Business Sales

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here