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Bakery – With Many Wholesale Accounts

Bakery – With Many Wholesale Accounts

Wayne County

Listing#: C2681

CBB-website tags Small v1-2-01

This is your opportunity to own and operate a long-established, very well-known bakery in Wayne County. They are producing a variety of fresh high-quality goods every day. They offer a variety of freshly baked bread, buns, sub rolls, pies, donuts, and other delicious pastries. They also make pre-made pies/subs for the local crowd.

This business also serves a large number of wholesale customers that includes grocery stores, restaurants, and cider mills. The wholesale customers have been with the bakery for many years and place large orders daily/weekly.

With this bakery’s history, they have over 100 5-star reviews online and the local customers keep coming back for their delicious baked items. The business is located on a busy road in Wayne county with many residential and commercial residents around. The current staff is capable of stepping up to run day-to-day operations with the right training. The current owner is willing to help a new buyer with a great transition period.

The 3,000 sq ft. building has a large display area in the front of the store. The back of the store has a large working area with all the equipment needed to operate. All the equipment is in good working condition. The current owner also has the recipes and secrets written down to help the transition period.

A new owner can add more wholesale accounts like restaurants, hotels, and banquet centers with creative marketing. Also, you can add other unique goods to sell to the current large customer base.

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Business Overview

Revenue $572,000
Cash Flow $135,000
Inventory $10,000 +/-
Year Established 1927
Seller Financing Yes
Employees 8FT 0PT
Asking Price $175,000
Key Statistics
  • Hours of Operation: Tue-Fri 7am-6pm, Sat 7am-4pm

  • Employees: 8 Full Time 0 Part Time

  • Year Established: 1927

  • Year Acquired: 2019

  • Liscence Required: Serve Safe, Sales Tax, FDA Dept of Agriculture, City Food Establishment

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $572,000

  • Source: Seller Stated

  • Cash Flow: $135,000

  • Source: Seller Stated

  • Inventory Value: $10

Seller Financing
  • Business Price: $175,000

  • Down Payment: $125,000

  • Monthly Payment: $1,521

  • Interest Rate: 6%

  • Amortization Period: 36

  • Monthly Rent: $2,840

  • Lease Terms: Lease Expires: 2025

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This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.