This legacy bakery establishment founded in 1962 and acquired by the current owners in 1992, has built a strong reputation for quality products and exceptional service over the decades. Since its relocation to the current location in 2000, the bakery has strategically shifted its focus to wholesale operations, resulting in lucrative contracts with prominent clients.
With contracts in place with two of the largest stadiums in the city, a major grocery chain, numerous coffee shops, hotels, restaurants, retirement home, and caterers throughout the surrounding area, the bakery has established a stable and diversified customer base. Moreover, they offer a range of services, including the creation of wedding cakes , making them a versatile option for various occasions.
The facility itself boasts an impressive 8000 square feet of space, along with a very competitive lease at $3569, which includes triple net expenses. The bakery’s location off a major highway facilitates easy access throughout the city and surrounding areas, making distribution and delivery efficient.
Their emphasis on producing high-quality, fresh, and custom products in-house sets them apart from the competition. The bakery is well-equipped with modern tools and equipment, providing a strong foundation for continued growth and success.
With its long-standing history and established brand, this bakery presents an exciting opportunity for aspiring entrepreneurs to take over a thriving legacy business and elevate it to new heights.
The existing wholesale contract, combined with the potential for expanding the product line and reaching new markets, make this bakery an attractive prospect for investors looking to make a mark in the baking industry.
- Asking Price:
- $649,950 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,676,666
- Cash Flow:
- $196,050
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $3,569.00
Square Units (Foot, Meter): 8,000
Lease Expiration Date: April 29, 2027, 10:00:00 PM
Terms Options: 5 years
- Location:
-
Facilities: Commercial Warehouse
Business Operation
- Expansion Potential:
-
The marketing efforts could be enhanced with continued focus on the commercial markets and enhancing the valuable relationships already in place with new products and services. There is also opportunity to increase the use of social media, paid search, organic search and SEO. Additional opportunity to create a stronger website and online presence to elevate this concept to the next level of growth. With a strong focus on local marketing and community involvement the opportunity exist for continued growth.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday-Friday 8am-4pm
- Employees:
- 21
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 8
- Furniture / Fixtures value:
- $600,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price
