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Listed by:

ProNova Partners

Broker license number: 01820673

Established Historical European Bakery In Milwaukee For Sale

Milwaukee, Wisconsin, US
Asking Price:
Undisclosed Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$646,843
Cash Flow:
$251,828

This historied, old-world European bakery holds a unique position as a cornerstone in the heart of a Switzerland-inspired tourism center. Based in America, the bakery has garnered steadfast support from locals and has become a magnet for tourists from around the world, drawn in by its award-winning specialty cookies, breads, pastries, and donuts, adding an extra layer of charm to its offerings. A variety of cookies make up a sizable portion of annual sales and provide the highest profit margin item among the product offerings.

This robust business enjoyed increased sales during COVID and continues to expand with impressive year-over-year growth, proof that its long existence in its original building is a staple of the community. Talented staff take responsibility for the brand, sales, and daily operations, with the owner focusing on general oversight, community involvement, and growth initiatives. The seller has created a business that distinguishes itself with its uniquely high level of service and superior bakery products, turning casual and curious customers into lifelong devotees.

The seller also has another business where she wants to shift her focus, and so she is looking for the right buyer to take what she has built and grow it to the next level. Confidentiality is a concern for the seller as she seeks just the right buyer, and so the location information provided in the ad is that of the broker and not of the business. Business location and name will be shared once a qualified buyer prospect is vetted.

NDA is required to receive a comprehensive Confidential Information Memorandum (CIM).

Property Information

Premises Details:

Facilities: The seller owns the location, and the real estate is included as part of the sale. Included in the historical walking tour is this 2,772-square-foot building, which houses the retail bakery, production and storage facilities, as well as office space. The bakery is in an easily accessible area with street visibility, signage, and plenty of parking. There is also a 660-square-foot detached garage that can house 3 cars and/or additional storage.

Business Operation

Expansion Potential:

Add additional distribution options to include mail order subscription boxes, custom delivery crates, attendance at fairs, regional and local community events, food trucks, and expanded wholesale. A company that is already in this space has an excellent opportunity to combine capabilities and streamline operations to grow both top-line and bottom-line earnings.

Competition / Market:

There is no competition for this bakery, as it’s a go-to destination for locals and domestic and international visitors. The offering of unique, high-quality, hard-to-find European specialties continues to drive it’s popularity and customer loyalty.

Reasons for selling:

Other business interests.

Employees:
16
Years established:
114

Other Information

Support & training:

As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBD if structure and terms are acceptable.

Furniture / Fixtures value:
$418,065 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price

Listed by

ProNova Partners

Broker license number: 01820673

View 137 ProNova Partners listings