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Large, Established Bakery For Sale At Asset Value
Location Arkansas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $664201
Net Profit / Cash Flow $59818
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 10 - 19
Inventory 549300
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Negotiable on accepted offer.
Reason for Sale Owner's health problems are forcing the sale.
Description This 12,600 square foot bakery has been making delectable and gourmet cakes and more with no preservatives since the early 90's. They are known in the South for producing some of the absolute best specialty cakes around. The owner is ill and needing to move on from this business that is ripe for expansion. With its long-time establishment, sought after recipes and potential for growth, this is a great business for an entrepreneur or someone who already has a bakery and wants to expand.
This bakery produced close to $700,000 worth of sales for 2012. Massive opportunities for growth are available for the buyer who is motivated and willing to market correctly. A very dedicated staff is already in place and all of the equipment is in great condition. The over 100 foot tunnel oven is capable of producing 400 cakes an hour! A well-known food broker is in place and willing to work with the new owner. The purchase price can also include a huge 11 1/2 acre plot of land that can be further developed. The price is less than asset and inventory value and owner will do some owner financing for the right buyer!
The cake factory and storefront is located in a quaint and lovely town in booming Northwest, Arkansas and is less than an hour away from major corporate headquarters like Wal-Mart and Harp's.
This bakery makes the dough, but just needs you to leaven it!
Asking price:Business $505,000
Real Estate $600,000
Click Here To Contact Seller
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