Owner Financing is Available!
Business Overview:
Here is a fantastic opportunity to take over a growing bakery with a nice balance of retail and wholesale accounts and a growing cake business. The business has achieved revenue growth of 21% in 2010 and is on track for continued growth in 2011. The business has 5 new commercial accounts booked and has negotiated an arrangement to open a second retail location with free rent. The business has an established reputation for high quality products, has won numerous awards for their designs and has an established and trained staff in place.
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.
Property Features and Assets:
The business has a main location that encompasses about 3,500 square feet that includes a retail area with seating and commercial kitchen from which the wholesale production is run. A second facility is being opening in a group of three class A commercial office buildings and the sellers will receive free rent for maintaining he business during specified hours.
Market Competition and Expansion:
The business faces competition but also benefits from outsourcing efforts of restaurant, coffee shops and hotels. The Sellers do not have a salesperson and spend very little on marketing. Despite reliance on word of mouth and their reputation for growth - Revenue has grown 25% since 2009. The business has grown to encompass 16 wholesale accounts and is opening a second retail location with minimal overhead. The business appears to have a bright future with continued growth.
Reason for Selling:
The sellers have other business interests
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: