Price: $1,500,000
Location: Los Angeles County, CA
Industry: Bakeries
Listing ID: 01985468JH
Listing Status: New
Listing ID - 01985468JH
This bakery for sale is a prestigious French Pastry Franchise, celebrated for its rapid growth and high standing in the market.
The franchise has thrived due to its expertly curated array of pastries, which adapt to seasonal changes and various holidays, offering a diverse range of flavors and specialties.
A key strength of the bakery is the professionalism and skill of its well-trained staff, who expertly manage the demands of a bustling schedule while ensuring the highest quality of their products.
The bakery's premium pastries have earned widespread acclaim, particularly in the Los Angeles area, where they are noted for their uniqueness.
Operating seven days a week, the bakery has shown stellar financial performance, with gross sales exceeding $1.5 million and an adjusted net income of more than $240,000, all managed by a competent employee team.
Down Payment: $1,500,000
Total Sales: $1,560,000
Cash Flow: $240,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $300,000
FFE Included: Yes
Inventory: $30,000
Inventory Included: No
Year Established: 2020
Days & Hours of Operation: 7 Days (Sun - Fri: 6am to 8pm) / (Sat: 7am to 8pm)
Owner Hours Per Week: Help Run
Non-Owner Payroll: N/A
Employees: 13
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $12,000
Type of Location: Street Center
Square Footage: 1900
Franchise: Yes
Reason For Sale: Personal