Retail/Wholesale Distribution Bakery Related

Business Overview:

Founded 10 years ago, this niche business has a great story to tell. This retail/wholesale distribution company sells bakery-type foods. All products are high-end, health-conscious foods. Scientifically, this company's process yields the most natural flavors in its finished product when compared to others in the marketplace. Additionally, proper space and bakery design are necessary to make these high-quality products. No other bakery production center (grocery store, restaurant, or dedicated bakery) is using this company's process, and is likely not designed to facilitate this process. The majority of the competition, in this market, focuses on basic commodity products, whereas this business is much more of a niche focus.

The revenue number continues to climb. Year over year 2020 to 2022 revenues climbed 60 percent. The 2023 revenue numbers are tracking ahead of 2022. Currently, the revenue mix is 70% retail and 30% wholesale. The owner's benefit is following suit.

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Property Features and Assets:

The facility is adequate for current and future demand. The business is located in a busy retail-related area and has excellent curb appeal and exposure.

Market Competition and Expansion:

Although there is competition, this business's niche approach helps it stand out from the rest. This company's customer base is established with much room for growth both within the current area residents as well as future municipal growth. With current revenue numbers, the bakery is producing at half capacity. There is always room for more wholesale accounts, primarily current and future local restaurants and grocery stores. To drive Retail sales, there are any number of marketing strategies that could be implemented to promote the product as well as the location.

Reason for Selling:

The sellers would like to focus on a new concept.

Additional Details:

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