Established Wholesale and Retail Bakery Operation

Not Disclosed, IL
Lake County


Asking Price: Annual Revenue:
$3,400,000 $4,060,720

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Established Wholesale and Retail Bakery Operation Broker: Domenic Rinaldi
Owner Financing is Available!

Quick Facts

Asking Price: $3,400,000
Annual Revenue: $4,060,720
Net Profit: Not Disclosed
Cash Flow: $420,770
Total Debt: Not Disclosed
FF&E: $747,100
Real Estate: $2,300,000
Year Established: 1989
Employees: 40
BBN Listing #: 275857220
Broker Reference #: 3N1138

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Business Overview:

This company, established in 1989, is a long-standing, premier family bakery operation that serves both retail and wholesale customers. They specialize in providing ready-to-buy cakes and quality custom cakes for all celebrations. They also offer many other bakery items including: cookies, cupcakes, donuts, pastries and many more. The company has two retail locations that offers pre-packaged products and counter service to walk in customers. Custom orders for any bakery items are taken from either retail location, a call center or the company website.

The company produces all bakery offerings within their 40,000 sq. ft. state-of-the-art facility with company owned equipment by a full team of experienced bakers and decorators. The real estate price ($2,300,000) is included in the price of the business, as the real estate must be purchased with the business. In addition, there is a management team in place to run day to day operations. Through the success of the company, they have created exclusive relationships with commercial customers and developed a fantastic reputation within the industry. 2021 year-end financials are projected to meet 2019 adjusted EBITDA number. The company presents strong opportunities for continued growth into the future.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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