Business for Sale Overview:
This is a wonderful very specialized high quality bakery operation. They have a 21 year old reputation in the industry as dependable and tops in quality. The seller always made an excellent living, every year until 2008 "hit the fan." A new landlord bought the building, and proceeded to almost double the rent. Flour went to the moon, and the seller lost one major customer over price increases. She has been slowly increasing the prices and this year should be a little better. She purchased, on a lease, automated equipment, and that expense has been a drag on the business, due to the lower sales volume. If a commercial bakery purchased this business, they would make a minimum of $230,000, by eliminating much of the overhead. (The business did not make money in 2008). If they grew the business, that profit would double to over $500,000. The seller would consider an on going relationship with the buyer. Another possibility would be an investor or working partner. The strategy would be to relocate to a lower overhead, and provide money to drive the business. (Trade shows, sales reps, telemarketing, mailings). If you have the funds, and you feel this business may be just what you have been looking for, contact me, ASAP, Neil Meislin.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This business is currently being operated out of an 18,000 sq. ft. commercial bakery space. This is leased space, presently month to month.
$400,000 worth of equipment is included in the sale.
Market Competition and Expansion:
Competition: There are others in the business, but few can compare with this fine quality line of products.
Growth and Expansion: Due to the economy and a new landlord doubling the rent and other factors, the seller has found herself in a position of lack of funding. This has created many missed opportunities. The right sales efforts could easily double this business.
Reason for Selling:
Needs Capital For Growth
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.