Seller's Contact Information
- RE: Atlanta-Area Bakery And Café With Online Sales
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
Asking Price: | $3,000,000 | |
Annual Revenue: | $905,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $95,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 18 | |
BBN Listing #: | 658827574 | |
Broker Reference #: | 1103 BAKERY |
Business Overview:
The Company is a bakery and café located in Johns Creek, GA (a suburb of Atlanta). The company began and continues to thrive as a traditional, in-person bakery and café. With the recently expanded dining area (completed early fall 2022), post-COVID traditional sales are set for strong growth in 2023. The company also boasts of online sales to customers in all 50 states with nearly 50% repeat customers. National media attention and social media marketing has grown The Company online sales tremendously over the past three years and online sales now account for nearly half of the company’s business, with no slowing down in sight. Together, the company is projected to eclipse $1M in revenue and $135,000 in SDE in 2023.
The Company offers bakery products through online distribution channels and through local and store front sales. The company also operates a café Tuesday-Sunday that is open for breakfast and lunch. The bakery and café are highly rated on Google (4.8 out of 5 stars based on 195 reviews) and on Yelp (4.5 out of 5 stars based on 91 reviews).
The company has a loyal and experienced workforce of 18 Full Time/Part Time employees and the current owners are willing to help with a successful transition for a negotiable amount of time.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
Facilities: One location (leased). All baking equipment is in place with excess capacity to facilitate future growth.
Market Competition and Expansion:
Competition: The traditional bakery and café face similar competition as most suburb establishments face. Competition for online sales is much more limited since the bakery has a unique offering that has garnered national media attention. Growth & Expansion: The current ownership has facilitated tremendous growth in traditional and online sales but has not focused on larger strategic relationships which could increase distribution. The owners expect 20% year-over-year organic growth without investing in additional distribution channels.
Reason for Selling:
Retirement and New, Unrelated Opportunities.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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