Business for Sale Overview:
Despite the slow economy this 40-year old bakery (9 years under the current owner) thrives due to its strong wholesale customer base and its great location in a large strip mall of an affluent town. The wholesale/retail breakdown is 70%/30%. All of the product line including bread, pies, cakes, pastries and cookies is produced on site in a well-equipped and well organized shop. There is a full line of equipment and plenty of space to increase production to serve many more wholesale accounts, which can be developed from the plentiful companies, restaurants and schools of the surrounding towns. The asking price includes at least $100,000 of equipment and refrigeration/freezer compressors have been recently replaced with a 5-year warranty at a cost of $20,000, plus a new water-heater has been installed. You will not find a cleaner bakery anywhere. This is an excellent time to negotiate with the tenant-friendly landlord for a favorable lease, which will benefit you for many years. The owner’s retirement creates this outstanding opportunity for a baker or chef to build a great business from a solid base, and you will not find a better price or location than this. All the pieces are in place for you get a great start in this business, so make your inquiry right away!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
owner is retiring
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.