Bakery Wholesale & Retail

Authentic European Style Bakery famous for its Breads, Danish, Pastries, Cookies, Cakes, Weeding Cakes, Fancy Pastries and an assortment of Special Holiday Treats. Serving the San Fernando Valley and Greater Los Angeles as well Western Ventura County. The Business is predominantly wholesale Distribution with a retail store to the public at its main location. The business is operated in two locations, both in the San Fernando Valley. The business customers include famous restaurant chains, Delis, Cafes and well known Bagel chains. With the Bagel chains, the Bakery only provide NON-Bagel items. Business has been steady and profitable over the years until the pandemic. The business sales dropped significantly with the Stay at Home Orders and the closure of some major customers and accounts. While there is optimism with the advent of vaccines, the aging owners have decided to retire and hand the resigns to a buyer with the stamina to weather the storm and benefit thereafter. The equipment is in very good condition and have been well maintained. The employees are long-termed, experienced and dedicated. It will be a nice addition to an existing Bakery operation or an excellent foundation for a new entrepreneur with experience in the Bakery industry.

Please refer to listing ID: BAKERYWHSALE

Industry:  Food and Beverage
Industry Segment:  Other Food and Beverage
Geography:  United States > California > Northridge
Asking Price:  $300,000
Gross Revenue:  $1,390,000
Value of Inventory:  $15,000 (Included in Asking Price)
Value of Equipment:  $200,000 (Included in Asking Price)
Seller Financing:  Seller will Finance $50000
Year Established:  1960
Number of Employees:  24
Mgmt. Training/Support:  Seller will train
Reason For Selling:  Retirement, Fatigue,
Name:  Bonaventure Wakam
Email:  info@khaminc.com
Phone:  805-644-9588