NEW RICHLAND, Minnesota
| Asking Price |
$102,500 |
Year Established |
2009 |
|
| Annual Revenue |
$67,356 |
Reason for Selling |
Seller wishes to retire. |
|
| Annual P/L |
$0 |
Attention |
Jacob Petersen |
|
| Annual Cash Flow |
$29,850 |
Listing Number |
938618 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
This is an exceptional opportunity to acquire a profitable, turn-key business where Nancy Jane’s continues a professional baking tradition that has served the region since 1930. Situated in New Richland, MN, the bakery is a recognized hometown staple, famous for its scratch-made breads, rolls, and donuts produced without any preservatives. Because the establishment is located in the heart of downtown New Richland, it benefits from both consistent walk-in traffic and several established commercial accounts. The sale is truly comprehensive, including the real estate, all essential equipment, inventory, and nearly a century of community goodwill. Current ownership has thoughtfully structured the operations to allow for a manageable schedule, yet the facility maintains significant spare capacity, providing a clear path for a motivated buyer to scale production and expand the existing customer base.
Property Features and Assets:
<p>The physical plant in New Richland, MN offers a robust foundation for high-volume production, featuring a main floor with approximately 2,100 square feet of finished space. The facility is intelligently partitioned to balance retail presence with industrial-grade efficiency: the professional kitchen occupies roughly 50% of the floor plan (934 sq ft), while the inviting cafe area accounts for 30% (646 sq ft). Specialized zones at Nancy Jane’s include a 105-square-foot walk-in cooler, a dedicated 178-square-foot supply room, and a 75-square-foot administrative office. Beyond the primary work areas, the property includes a full 2,080-square-foot basement for extensive utility and an additional 576-square-foot exterior area at the rear of the building.<br>The structure, measuring approximately 26 feet by 91 feet, has been meticulously maintained to support the specialized equipment required for artisan baking. The layout is optimized for an early-morning production workflow, with the kitchen and oven areas positioned to allow for a complete morning run by 10:00 am.<br></p><p>Assets = $90,452</p>
Market Competition and Expansion:
<div>Nancy Jane’s occupies a unique and highly defensible position within its local market by offering a level of authenticity that mass-market competitors simply cannot match. While nearby gas stations and grocery stores provide convenience, they typically rely on preservative-heavy, industrial products that are increasingly falling out of favor with today's health-conscious buyers. By contrast, this bakery specializes in "made-from-scratch" treats using traditional, time-tested recipes—essentially the "made-like-grandma's" quality that modern consumers are actively seeking out. This commitment to ingredient transparency and handmade production aligns perfectly with the broader national shift toward premium, artisan-style goods, allowing the business to command a level of local loyalty that corporate brands often struggle to penetrate.</div><div>Because the broader bread production industry is notably fragmented, a specialized retail operation like Nancy Jane’s can thrive by focusing on its niche of fresh, preservative-free breads and desserts that have served as a community staple for decades. While large national players dominate the supermarket aisles with high-volume, low-margin products, a local landmark with nearly a century of goodwill operates with an agility and personal connection that builds multi-generational customer bonds. This heritage, combined with the facility's significant spare capacity for expansion into wholesale accounts, offers an incoming owner a robust foundation in a market where quality and craftsmanship have become the ultimate competitive advantages.</div><div><br></div><div>There is significant untapped capacity within the business, with the ability to increase current production fourfold. By expanding the hours of operation beyond the current noon closing time, a new owner could significantly boost walk-in revenue. Additionally, the bakery is ideally positioned to secure new corporate delivery accounts within the region, reaching markets from Minneapolis to Northern Iowa, and Mankato to Rochester.<br>While the business is already a staple for daily breads and donuts, there is a prime opportunity to aggressively market high-margin catering services for weddings, graduations, and anniversaries. Utilizing the existing kitchen space the business could also introduce a "wellness platform" by developing gluten-free, keto-friendly, or high-protein varieties to align with national dietary trends. Developing a stronger digital presence and online ordering system could further capture the convenience-driven commuter market.<br></div>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity