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Listed by:

Cincinnati Business Brokers

Well-Established Bakery In Cincinnati For Sale

Cincinnati, Ohio, US
Asking Price:
$300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$967,000
Cash Flow:
$128,000

The retirement aged owner of this destination bakery takes much pride in his modern facility that produces a wide variety of baked goods that are sold daily on a retail and wholesale basis. Sales have been on an upswing the last 3 years due to the growing reputation in their community. There are many more growth opportunities to increase sales with over $100,000 in equipment and inventory included in the sale.

The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Other highlights include:

SBA loan eligible
No debt in the company
No accounts receivable issues
All inventory included in the sale
Long term relationships with wholesale accounts
Clean book and records – all numbers are verifiable
Over $160,000 worth of equipment included in the sale

Property Information

Real Estate:

Lease

Premises Details:

Their retail / manufacturing facility is 4,500 square feet. Although there is over $160,000 of equipment and supplies in the space, there is plenty of horsepower to increase sales dramatically utilizing the same infrastructure.

Business Operation

Expansion Potential:

There is ample opportunity for growth through increasing the company’s wholesale business. Increasing social media presence would also be a great way to boost sales.

Competition / Market:

The bakery has become a staple in the community so it is the “go to” place for all sorts of bakery needs. The company boasts of over 125 items that they are capable of making.

Reasons for selling:

The owner is of retirement age and would like to fully retire after a successful transition to a buyer.

Trading hours:

Tuesday through Sunday

Employees:
8
Years established:
25

Other Information

Support & training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Financing available:

SBA loan eligible

Furniture / Fixtures value:
$161,500 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price