CINCINNATI, Ohio
| Asking Price |
$300,000 |
Year Established |
1999 |
|
| Annual Revenue |
$967,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Dan Long |
|
| Annual Cash Flow |
$128,000 |
Listing Number |
953921 |
|
| # of Employees |
8 |
Business Category |
Food & Beverage: Production - Bakery, Farms, Winery |
|
Business Overview:
The retirement aged owner of this destination bakery takes much pride in his modern facility that produces a wide variety of baked goods that are sold daily on a retail and wholesale basis. Sales have been on an upswing the last 3 years due to the growing reputation in their community. There are many more growth opportunities to increase sales with over $100,000 in equipment and inventory included in the sale.
The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:
SBA loan eligible
No debt in the company
No accounts receivable issues
All inventory included in the sale
Long term relationships with wholesale accounts
Clean book and records – all numbers are verifiable
Over $160,000 worth of equipment included in the sale
Property Features and Assets:
<p>Their retail / manufacturing facility is 4,500 square feet.Although there is over $160,000 of equipment and supplies in the space, there is plenty of horsepower to increase sales dramatically utilizing the same infrastructure.<br></p>
Market Competition and Expansion:
<p>The bakery has become a staple in the community so it is the “go to” place for all sorts of bakery needs.The company boasts of over 125 items that they are capable of making.<br></p><p><br></p>
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