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Karen Muller
Cannabis Business Brokers, Inc
Serving Los Angeles County, CA
Cannabis Business Brokers, Inc. was founded to bring a great depth of experience and professionalism to an industry that is rapidly expanding but experiencing growing pains. We have over 50 years combined experience in sales and purchases of businesses, including the liquor, pharmaceutical and restaurant industries. Our goal is to bring excellence to the sales process by a careful focus on due diligence of the business, so that sellers and buyers have access to the information and documentation that is standard in other industries.
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| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 312 |
| Asking Price | $307,500 |
| Reported Revenue | $580,000 |
| Reported Seller's Discretionary Earnings | $120,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $156,750 | $307,500 | $750,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Bakeries for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $339,120 | $61,800 |
| Median | $580,000 | $120,000 |
| Upper Quartile | $1,352,008 | $268,455 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Bakeries listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.41 | 2.10 |
| Median | 0.58 | 2.74 |
| Upper Quartile | 0.81 | 3.69 |
FAQ's
How much does it cost to buy a Bakery?
The median asking price for an established Bakery is $307,500, though prices range from under $156,750 to well over $750,000.
How much do Bakeries owners earn?
The median reported revenue of Bakeries is $580,000 and owners earn a median of $120,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Bakery?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Bakeries, revenue multiples range from 0.41 to 0.81, with a median of 0.58. Earning multiples range from 2.10 to 3.69, with the median at 2.74. This means the typical Bakery may ask for around 0.58 times its annual revenue, and 2.74 times its annual owner earnings.
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