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Bakery For Sale
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $198680
Net Profit / Cash Flow $49681
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 4 - 5
Inventory 120000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Owner is willing to train new owner. Owner is willing to stay on for up to six months as and if needed to learn transition the business.
Reason for Sale Retiring
Description Asking $129,999 for this very busy bakery. Sells various other related food items. Owner anxious to sell. Would like to join spouse in retirement after 20 years in business. Great location in a busy strip mall. Good landlord per owner. Bakery has both repeat retail customers and commercial accounts. Bookings are in advance of 1 year. All bakery equipment is operational. Bakery has a lot of upside potential. A wonderful business for a husband wife team per the owner. Hours of operation are very reasonable.
Plenty of parking for owner and employees. Landlord good to work with per the owner, will renegotiate the lease.
Competition:
Market is competitive, quality and community service has kept this business thriving above the competition.
Growth/Expansion:
A new owner's continued involvement with the community; cross marketing with neighbors, conducting training classes, attending networking events, and advertising are obvious methods to spur growth.
Support/Training:
Owner is willing to train new owner. Owner is willing to stay on for up to six months as and if needed to learn transition the business.
Rent is a reasonable $ 1350/mo plus taxes and insurance. Owner installed new air conditioner 4 years ago. A NDA (confidentiality agreement) is required for location and more details about this exceptional opportunity. Contact Michelle Webster 734-323-0376
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