Profitable East Tennessee commercial bakery w/re

Knoxville, TN
Knox County

Asking Price: Annual Revenue:
$900,000 $1,468,000

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Profitable East Tennessee commercial bakery w/re Broker: Drew Rutherford

Quick Facts

Asking Price: $900,000
Annual Revenue: $1,468,000
Net Profit: Not Disclosed
Cash Flow: $208,000
Total Debt: Not Disclosed
FF&E: $480,000
Real Estate: Not Disclosed
Year Established: 1947
Employees: 21
BBN Listing #: 761654611
Broker Reference #: 5182-677907

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Business Overview:

This commercial wholesale bakery has steadily expanded over the last five years and supplies buns, loaves and small batch breads to numerous East Tennessee restaurants, caterers and schools, as well as multiple regional distributors. Open for more than 75 years, the business has been strictly a wholesale operation since the mid-1990s. Previous owners expanded the facility to 14,000 square feet in 2010 to accommodate the growing business. The current owners purchased the bakery in 2016 and have nearly doubled sales.

The business is for sale due to the owner’s pursuit of other, non-business, interests.

Second production shift, additional oven, full-time salesperson

Few local competitors

Warehouse with office space, multiple loading docks and a drive-in door.

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Reason for Selling:

Other interests.

Additional Details:

  • The property is owned.
  • 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.

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