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Bakery Food Mfg w/ Santa Monica Retail Location

BizEx500-MS

Background

General Location:Santa Monica, CA
Category: Wholesale/Distribution
Food & Kindred Products
Years in Business:15
Under Present Owner:6
Hours of Operation:Monday-Friday
Owner Hours:Semi-Absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:
Employees:0
Reason for Sale:Family Issues

Financials

Asking Price:$899,000
Down Payment:Negotiable
Gross Sales:$2,550,000
Discretionary Cash Flow:$300,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call

2009 2010 2011
Gross Sales $ 2 $ 2 $ 3
Gross Profit $ 1 $ 1 $
Disc. Earnings $ 98,000 $ 175,000 $ 300,000

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Mina Singson-Brightman
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495