PRICE REDUCED!
Bring Offers. Owner is motivated and ready to move to their next venture out of the area.
You don't have to be a baker to own this Bakery. The current owner is looking for someone excited to learn and will train the right person.
Current employee of 2 years hopes to stay on with new owners.
Some fillings and doughs used in the products for sale are purchased from outside venders to keep the processes quick and quality.
This bakery currently produces sweets like pastries, pies, cakes and cookies, as well as savory choices. At this time, this bakery does not do bread or anything deep fried.
Retail and wholesale bakery located in a highly trafficked shopping plaza. The shopping center is centrally located with a short drive to beaches and down town.
The business has shown consistent growth in sales and net income of over 35% each year. 2023 showed a 148% increase.
The sale will include proven recipes and processes, equipment, and furniture. Lease terms are favorable for the area, with 2 years left on the lease and another 3-year option.
There is great potential to expand the wholesale side of the business with local restaurants that have inquired already. Currently open for retail business only 5 days per week, 7 hours per day.
The bakery has built a loyal customer base, with clients commonly traveling from Sebastian, Vero Beach, Fort Pierce, Jensen Beach, Stuart, Palm City, Hobe Sound and Jupiter. This is the only bakery of its kind in the area. The recipes have been proven popular with the public. Current owners do not advertise. Growth is the result of word-of-mouth and a great reputation.
This business's profitability and incredible growth rate make now the time to buy!
Based on the explosive growth in revenues since deciding to sell the bakery, its value has grown by more than fifty percent.
The resulting EBITDA figure for fiscal year 2023 was $82,565.00.
Based on business valuation principles that apply a calculator of four times EBITDA, the sales price should be $330,260.00.
The current owners are ready to start their new venture out of the area. Bring Offers.
Time for your new adventure!