Gluten Free On-line Speciality Bakery

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$599,000 $742,370

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Gluten Free On-line Speciality Bakery Broker: Carey Davis

Quick Facts

Asking Price: $599,000
Annual Revenue: $742,370
Net Profit: Not Disclosed
Cash Flow: $76,608
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 6
BBN Listing #: 402435879
Broker Reference #: 6842-726299

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Business Overview:

DTC- Direct to Consumer high-end Gluten-Free & Kosher pastries made with local ingredients.
This Gluten-Free specialty company has become one of NYC's most beloved bakeries - The model was high-end European pastries baked with local ingredients, no artificial additives or preservatives, no-GMO. Two hi-tech concepts are essential components.-
a 'Just-In-Time" production system and ERP controls.

In 2008, the founder and current owner launched this genuinely unique bakery. The mission was to create the best gluten-free baked goods available. Top personnel experimented with different mixes of gluten-free flours until they perfected the proportions to create products that did not taste gluten-free.

Four years ago, the company moved into its own production facility in the Bronx, doubling capacity.

The bakery's popularity started growing just as the GF (Gluten-Free) market exploded exponentially.

Competitive Overview: People who need to eat GF will pay to get a high-end quality product. Opposite of a commodity, GF is protected by consumer necessity. Included in the assets are the all the recipes including the proprietary methods developed so the gluten-free products don't taste like so many other inferior GF items.

Potential Growth: COVID forced a reevaluation of the business. It was the perfect opportunity to restructure the company strategically—the result: to focus on kosher, gluten-free products exclusively and stop all retail. Only the highest margin-contributing products remained, labor cut to key employees, and concentrated on growing the DTC segment (Direct to Consumer) & online wholesale accounts.

The company invested significant dollars in new technology to support the DTC growth and streamlined operations. As a result, the company is lean and strategically positioned for the next stage of development.

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Reason for Selling:

Retirement

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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