Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. Famous Bakery Located Inside Huge Office Complex

LISTING DETAILS
Firms For Sale ID:
11957
Vendor reference:
723873
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$695,000  
Turnover / revenue:
$260,000
Net profit / cashflow:
$1,300,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
California business for sale -Tenants skip breakfast at home to eat at this Famous Bakery located inside their huge office complex. For fifty-five years, this establishment has been known for its bakery, catering and cafeteria services. In addition, to this companyEF;BF;BD;s 950 square foot bakery and coffee shop it has a catering and cafeteria service that has contracts with the US Army and multiple cities within Los Angeles county. This coffee shop serves a grill menu and sandwiches. Because of it premier location, on a busy street with a large residential apartment development located across the street, the coffee shop and bakery benefit from significant walk in and repeat customer traffic. The main restaurant serves cafeteria style dining ranging from sandwiches, meat products, grilled items, BBQ, salads, soups and deserts. Each day the restaurant serves up 60 different selections. The modern and spacious kitchen has five walk-in coolers a baking facility with five industrial ovens where the bakery makes it pies, breads and doughnuts. There is a massive storage room located for easy access just off the loading dock. With almost 20,000 square feet of space, this facility can accommodate any size catered event. The new owner will benefit from the assumable lease, which has an unheard of rate of only 45-cents per square foot. The lease also included 60 marked parking spaces within this office complex. For more information please contact John Cahoon at (714) 224-7300, ext. 210.