Looking For Financial Partners
Location Lithuania
Asking Price Range $2.5M - $5.0M
Gross Revenues $10000000
Net Profit / Cash Flow $10000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1993
Number of Employees > 200
Relocatable No
Number of Employees > 200
Real Estate Owned
Description One of the biggest and one of the most modern bakery in Lithuania is for sale. Company's Revenue for year 2009 was $10 million USD, fixed assets ~2 million USD, current assets ~ $1,9 million USD. Main production is all sorts of breads, loafs, confectionery, biscuits, cakes atc. 60% of the production is being sold through the branded trade points across the Lithuania, other 40% is sold for a small traders.
The current director of the bakery is planning to buy out the business from the present owners. For this reason he is looking for financial partners. Following recourses are needed:
~$1,7 million USD - personal resources of the director;
~ $2,8 million USD - loan;
~ $3,0 million USD - partners recourses.
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