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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

High Volume Bakery

High Volume Bakery

NW Wayne County

Listing#: C2671

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Description

Our firm is excited to bring this long-established and high-volume bakery to market.

This bakery was established in the 1980’s and is well known in the area for its donuts, cakes, and pasties. It has over 300 5-star online reviews.

The bakery is located on a busy intersection in Wayne County bringing in a lot of walk-in traffic for donuts and coffee. The building is about 2,300 SQ FT and has all the proper equipment needed to operate. In 2020 the sellers installed an AC unit in the back of the bakery to help control the heat during operations for the employees. The front retail section is well organized and has a POS system to keep track of sales properly. They currently have 4 FT employees and 8 PT employees. The full-time employees have been with the bakery for many years and are cross trained in many fundamentals of the baking processes.

This bakery has great sales, with proven cash flow. In 2020 sales were $816,077 with a cash flow of $83,393. 2021 sales were $771,029 with a cash flow of $114,313. This is a fantastic Turn-Key operation for a person passionate about baking and who wants to own their own business.

A new owner can increase sales dramatically by targeting wholesale customers like local restaurants and vendors. Also bringing on another cake decorator to expand the growing demand for decorated cakes for parties. Lastly, marketing to the local area for birthday cakes, wedding cakes, and other baked goods would increase the exposure of this already well-established business.

Contact us today to learn more!

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Business Overview

Revenue $771,029
Cash Flow $114,313.71
Inventory $To Follow
Year Established 1983
Seller Financing No
Employees 5FT 8PT
Asking Price $240,000
Key Statistics
  • Hours of Operation: Tue-Fri 6am-6pm, Sat 6am-5pm

  • Employees: 5 Full Time 8 Part Time

  • Year Established: 1983

  • Year Acquired: 2019

  • Liscence Required: Serve Safe, Sales Tax

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $771,029

  • Source: Seller Provided Financials

  • Cash Flow: $114,313.71

  • Source: Seller Provided Financials

  • Inventory Value: To Follow

Seller Financing
Not Available


Location
  • Monthly Rent: $3,000

  • Lease Terms: Lease Expires: October 2029 with option to renew

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Disclaimer

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.