Seller's Contact Information
- RE: Wholesale Bakery/GreenMarket FoodBusiness For Sale
- Contact: Ken Eisenband
Quick Facts
Asking Price: | $89,000 | |
Annual Revenue: | $135,748 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $53,388 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2088 | |
Employees: | 2 | |
BBN Listing #: | 45998096 | |
Broker Reference #: | 9623 |
Business Overview:
The wholesale Bakery and Green Market Food Business for Sale has been serving Broward and Palm Beach Counties, Florida for 15 years. Looking to add to your current business or start a side hustle, this could be the right fit for you.
This wholesale bakery and green market Food Business for Sale is owned and operated by an executive chef. The chef has run kitchens in some of the best hotels in the world. Most notable he was executive chef at one of the TPC locations that hosted PGA tour events. The professional golfers raved about his bakery items and praised them on national television after the events. The bakery items, and the recipes to transfer, have been featured on NBC television, Sports Illustrated Magazine, and Golf World. The bakery produces almost 30 different items. The featured items include seven varieties of banana breads, knishes, varieties of coffee cakes, cheesecakes, cookies, brownies, pound cakes and more.
The wholesale business offered by The Restaurant Brokers at We Sell Restaurants has eight accounts and attends two Green Markets. In 2021 the total sales were $135,748 with $14,900 coming from Green Markets. In 2022 sales were $85,586 with $18,909 coming from green markets. Expenses are minimal with food cost being about 25% of sales and occupancy cost at just $1,100 per month. The chef has an assistant that works two to three days per week and gets paid $150 per day. There are minimal other expenses and net to the owner is more than 40% of sales. The owner of this Food Business for Sale is set to retire and has not advertised or prospected for new business. The Green Markets that are attended includes one that is opened year-round on Saturdays and one that is open for 12 Sundays each year. The products speak for themselves and with prospecting and building a website this business could grow sales exponentially. Tents, tables, and showcases for Green markets are included in sale.
The product is produced at a facility in Pompano Beach. You can continue to rent this space on a month-to-month basis for $1,100 per month including all CAMS and taxes, or you can move the location to a site of your choice. The $1,100 per month includes all utilities. The equipment to transfer includes 2 20-quart mixers, 5 qt kitchen aid mixer, induction heater, two coolers, freezer chest, 2 speed racks, shelving units, prep table, and assorted pots, pans, and smallwares. The rented space of this Food Business for Sale includes the use of ovens to handle all baking needs. Tents, tables, and showcases for Green Markets are included in sale.
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Property Features and Assets:
SS Shelving Crater 2 Speed Rack 2 Tents 2 Coolers Freezer Stand up 2 20 QT Mixers 5 FT Equipment Stand Prep Table 5 QT Kitchen Mixer Assorted Pots Pans Smallwares Induction Heater
Market Competition and Expansion:
Introduce the products to restaurants who do not want to have pastry chef on staff. Also, hotels, country clubs, convenience store etc. build a website and canvass to grow this brand.
Reason for Selling:
Retirement
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
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