CLEVELAND, Ohio
| Asking Price |
$1,200,000 |
Year Established |
2019 |
|
| Annual Revenue |
$1,230,000 |
Reason for Selling |
Other Interests |
|
| Annual P/L |
|
Attention |
Bill Molchan |
|
| Annual Cash Flow |
$370,000 |
Listing Number |
989650 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Excellent opportunity to acquire a well-established commercial Bakery. Founded in 2019, this company makes and distributes a variety of breads throughout Northeast Ohio. The company’s product offering includes almost two dozen types of dough in a variety of configurations that are highly sought after throughout the region. The operations are anchored by core values of quality, on-time delivery, and customer satisfaction, consistently earning the company a strong reputation.
Financial stability is a hallmark of this enterprise, with a reported revenue of 1.057,467 in 2022, $1,178,000 in 2023 and $1,230,000 for 2024. The Seller Discretionary Earnings (SDE/ Adjusted EBITA) reflects the business's financial health, standing at $242,000in 2022, $351,000 for 2023 and 370,000in 2024. For potential buyers, this represents a lucrative opportunity to enter or expand within the wholesale bakery market with a solid financial base to support them.
With the current owners moving on to other interests, the business presents a solid foundation for new ownership to leverage its reputation and explore further growth prospects. This transition offers an exciting venture for those ready to build upon a legacy of excellence in the Northeast Ohio.
Property Features and Assets:
Market Competition and Expansion:
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