Business For Sale

Bakery - Two Locations - Seller Financing

Not Disclosed, NH
Hillsborough County

Asking Price: Annual Revenue:
$125,000 $725,137

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Bakery - Two Locations - Seller Financing Broker: John Coto
Owner Financing is Available!
With $70,000 down payment, Seller will finance the balance of the selling price to a qualified buyer.

Quick Facts

Asking Price: $125,000
Annual Revenue: $725,137
Net Profit: Not Disclosed
Cash Flow: $74,282
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 18
BBN Listing #: 337919624
Broker Reference #: ABB415

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Business Overview:

This business is a well-established bakery with two excellent locations. The business was started in the 1990’s and the current owner acquired one location in 2011 and the 2nd location in 2016. The business has earned an excellent reputation for offering quality baked goods consisting of wedding cakes, special occasion cakes, fruit tarts, exquisite pastries, cupcakes, cookies and fine artisan breads. The business employs a staff of approximately 18 trained employees consisting of bakers, counter help and general help. Most of the business consists of sales to retail customers though they also sell to some commercial accounts such as restaurants and farm stands. Gross sales in 2017 reached $725,000 and based on the first quarter of 2018, the full year 2018 sales are project to be about $750,000. The owner is not working full time on-site and the cash flow figure reflects the payroll savings with a new full-time owner that would be on-site. The business is only open 5 days per week and there is potential to expand to 6 days per week. Locations are fully equipped with an estimated combined equipment value of over $100,000. This is a turn-key operation ideal for someone with a background in the baking or in the food service industry. Included in the price are all the FF& E, the rights to the name, to the websites, to the face book page, to the telephone numbers, to the recipes, 2 weeks of training, and a seller non-compete agreement. The owner is selling to retire but will work with the new owner to transition the business to the new owner. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200. Attention Business Owners: We have buyers looking for businesses to buy and not enough listings! If you are considering a possible sale or would just like to learn more about the process, please call me for an initial, confidential discussion.

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Property Features and Assets:

The business leases two locations with a combine square footage of 4,000 square feet with off street parking. (2,500 square feet and 1,500 square feet.)

Market Competition and Expansion:

Well-known bakery with excellent reputation. May be achieved by (1) expanding from 5 days per week to 6 days per week; and (2) by developing the internet sales. It is believed that costs can be reduced as well with a full-time owner operator.

Reason for Selling:

Family Health Matters

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.

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