Food & Restaurant · Bakersfield, CA
Cafe Bakery - Two Separate Locations for Sale
Actively listed business for sale in Bakersfield, CA, represented with local Kern County advisory support from Freedom Business Group.
- Asking price
- $849K
- Cash flow
- $992K
- Revenue
- Undisclosed
- Price / cash flow
- 0.9x
Business overview
RETIREMENT FORCES SALE. 2-locations bakery café businesses for sale. The original location was started 30 years ago. The owner is looking to retire. The businesses are located in San Luis Obispo, CA. We enjoy a great loyal customer base and are well integrated into our community. We bake amazing fresh baked goods as well as operate a café serving sandwiches, coffee etc. We are looking for someone that wants to carry on our business and create its next chapter. Our records/financials are clean and up to date. We are profitable. Included in this sale are all FF&E, baking methods, recipes, employee training methods, website and marketing materials. At closing we will take an inventory. This value will be in addition to the purchase price. As part of the sale, we are willing to establish a transition period along with training for the new owner. To be clear, we are not interested in an owner financing deal structure. However, we believe that SBA is an option. We believe that a ROBS program can be an option as well. If you are not familiar with how a ROBS program works, we can refer you to people that can guide you through this program. We will require a completed signed NDA as well as a confidential questionnaire to be considered.
Detailed InformationEmployees:12 Full-timeFacilities:Includes FF&E. Contact for detailed information about this business.Competition:Popular name in the industry.Growth & Expansion:High demand allows for long-term growth of this business. Financing:
is reviewing your details. A representative will reach out soon to discuss your options. Expect a response in 1-2 business days.
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Listing details
- Asking Price
- $849,000
- Cash Flow
- (SDE):$992,350
- Gross Revenue
- $1,322,230
- EBITDA
- Not Disclosed
- Established
- 1996
- Employees
- 12 Full-timeFacilities:Includes FF&E. Contact for detailed information about this business.Competition:Popular name in t
- Inventory
- . This value will be in addition to the purchase price. As part of the sale, we are willing to establish a transition pe
- FF&E
- , baking methods, recipes, employee training methods, website and marketing materials. At closing we will take an invent
- Real Estate
- Opportunity in San Leandro\
- Reason for Selling
- Retirement.
- Support & Training
- Full training and support.Reason for Selling:Retirement.
Buying in Kern County
Freedom Business Group works this deal on the ground in Kern County, California — Bakersfield, Delano, Shafter, Tehachapi and Ridgecrest. We handle valuation review, SBA 7(a) lender intros, landlord and license transfers, and diligence coordination so you close locally with people who know the market.