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$608,000 Annual Profit – Established since 1939 – Bakery & Cafe – Asking Price $1.6 Million, RRC#2748

$1,600,000

Business For Sale Details

Updated on October 17, 2019 at 8:49 pm

  • Property ID: RRC#2748
  • Price: $1,600,000
  • Building: 5100 Sq. Ft.
  • Type: Food Related, Ice Cream & Frozen Yogurt Shop, Juice or Smoothie Bars, Other Food Service Operation, Restaurants, Restaurants, Food & Beverage
  • Status: Business For Sale
  • Revenue (Annual): $2,000,001-$4,000,000
  • Cash Flow (Annual): $500,001-$1,000,000
  • Payroll (annual): $892,320
  • Rent: $17,500
  • Lease Expiration: New Lease Negotiable
  • Year Established: 1939
  • Current Ownership: 2007
  • Organization: Corporation
  • Reason For Sale: Other Interests
  • Employees: 25 Full time 15 Part time
  • Revenue (Yearly): $3,432,000
  • Cash Flow (Yearly): $600,000
  • Days/Hours of Operation: 6.00am - 6.00pm Mon - Sat, Sun 7.00am - 3.00pm
  • Seating: 130
  • Parking: 100+
  • Licenses: Health & Business
  • Lease Security Deposit: 17,500
  • Lease Options: 17500

Description

$608,000 in annual profit from $3.400,000 in Sales for this long established Bakery and Cafe. Asking price for this Business sale is $1.6million – The Real Estate is also for sale for a further $2.4million (see listing #2703). This opportunity is pre-approved for a 10 year SBA Loan and is available to well qualified buyers for the business or together with the real estate 20+ years. This opportunity would suit experienced business owners, professional bakers or entrepreneurs with excellent financials, good credit along with management knowledge and experience working in a high volume Bakery and Catering operation. Long Established name and business since 1939, Eddie''s is an extraordinarily busy Bakery which includes a Cafe, Coffee shop, Wholesale accounts & Catering with annual sales of $3.400,000 producing $608,000 profit. The business occupies a 5,100 sq ft of free standing building with a 600 sq ft patio and included with the sale are 2 delivery vans (1 Refrigerated). The modern appeal and sweeping curved counter operation stands alone as a premier high volume bakery business. 2,600 sq ft of front of house with 2,500 of kitchen space with separate preparation areas, ovens, stoves, walk-in and ample refrigeration and storage space. The modern ''L'' shaped Cafe is an example of excellent design which is both appealing and efficient. Glass counters display the many baked products and breads for sale with an end cap coffee shop while the comfortable cafe seating allows for lunchtime soups, salads and sandwiches. The 30 seater patio and private dining room add the final touch to this busy bakery/cafe business. To receive full details of this opportunity please complete the ‘Confidential Agreement’ request at the top of this page and we’ll send you the list of equipment included, full financial disclosure & SBA loan request information. We will also send you the agent’s contact information so you can discuss this tremendous opportunity in more detail.

Business For Sale Location:

  • Location: Fresno, CA, USA
  • City / County: Fresno
  • State / Province: California
  • Country: United States

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