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Businesses For Sale > Business For Sale in Northridge, California (CA)

Commercial Bakery w/Scaleable Product & Major Clients – Incl. Whole Foods! for sale in Northridge, CA

Northridge, California (CA)

Asking Price: Gross: Cash Flow:
$ 135,000 $ 91,000 Undisclosed

Furniture and Fixtures Value:
(included in the asking price)

Business Summary:
This small, simple 4 person commercial bakery is a business that holds tremendous potential for the motivated owner / operator. The business operates out of a low key commercial kitchen in a business park, but sells its 4-5 baked products to national retailers such as Whole Foods and regional players such as Mother’s Market. The company does so without attending trade shows, without distributors or appointed sales reps, without a marketing force in place, and without their own retail presence. In fact, they do not even engage in web sales, farmers markets, or any types of grassroots marketing efforts, and have not made any significant attempt to expand the product offering. The facility, which only operates from 6 am to 3 pm, is well under its capacity and it on a year to year lease – so the operation can easily be relocated anywhere in the country (its Whole Foods accounts are both local and East Coast).

 

   
Year Business was Established: 1996
   
Number of Employees: 3 PT  
   
Facilities / Terms of Lease: This 1,800 square foot facility leases for $1,580 per month, on a year to year lease that is up in November (but will be renewed if the business does not sell first). The facility includes a 12 x 8 walk-in cooler, 2 convection ovens, 2 mixers, a shrink wrap machine, a chocolate machine, surveillance equipment, and a dough depositor.  
   
Potential Growth/Expansion: There are many directions in which a new operator may seek to take this operation. The business currently has a few key accounts (with Whole Foods being the largest). As the current owner seeks to maintain a simple operation, they have not actively marketed the firm or otherwise made any substantive efforts to grow sales. In fact, they don’t court additional Whole Foods stores, or any others. New owners may seek to expand the product line to increase sales with existing clients, or gain new clients  
   
Competition: There is strong competition in the commercial baked goods market. This firm, however, has been in existence since 1992. It was sold in 2006, with no loss in business due to the firm’s superior product and recipes.  
   
Owner willing to finance: Not Offered  
   
Owner willing to train: 2 wks at 20 hrs/wk  
   
Reason for selling: Personal  
   
Seller Reference Number: WFBakery
BusinessMart.com Listing Number: 67615
 

 

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For more info contact:

Ryan Clark

The Veld Group
310-652-8353

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