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Listed by:

Sun Acquisitions

Well-established Wholesale And Retail Bakery Operation For Sale

Lake County, Illinois, US
Asking Price:
$3,400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,060,720
Cash Flow:
$420,770

This company, established in 1989, is a long-standing, premier family bakery operation that serves both retail and wholesale customers. They specialize in providing ready-to-buy cakes and quality custom cakes for all celebrations. They also offer many other bakery items including: cookies, cupcakes, donuts, pastries and many more. The company has two retail locations that offers pre-packaged products and counter service to walk in customers. Custom orders for any bakery items are taken from either retail location, a call center or the company website.

The company produces all bakery offerings within their 40,000 sq. ft. state-of-the-art facility with company owned equipment by a full team of experienced bakers and decorators. The real estate price ($2,300,000) is included in the price of the business, as the real estate must be purchased with the business. In addition, there is a management team in place to run day to day operations. Through the success of the company, they have created exclusive relationships with commercial customers and developed a fantastic reputation within the industry. 2021 year-end financials are projected to meet 2019 adjusted EBITDA number. The company presents strong opportunities for continued growth into the future.

Property Information

Real Estate:

Real Property Included

Size in square feet:
40,000

Business Operation

Reasons for selling:

Retirement

Employees:
40
Years established:
30 years

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$747,100 - included in the asking price
Inventory / Stock value:
$60,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Sun Acquisitions

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