Bakery-Major Price Drop-Over $1.3 Million in Revenues

New Haven, CT (New Haven County)

Seller Financing Available
Bakery-Major Price Drop-Over $1.3 Million in Revenues

Asking Price:$150,000

Cash Flow:N/A

Gross Revenue:$1,373,453

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:1995

Bakery-Major Price Drop-Over $1.3 Million in Revenues

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Business Description

Bakery with deli in well organized 4,100 SF leased facility. Major investment in equipment which exceeded $500,000. High quality financial statements with verifiable sales and expenses.

Breads, pastries, and bagels all made from scratch with unique recipes and highest quality natural ingredients.

Repeat winner of top bakery in Connecticut. Passive investment for owner who has out of state business interests. Full deli. Much parking in strong retail plaza located on high traffic count road. Very good signage which supports brand.

This is a potentially interesting expansion opportunity for a strategic buyer which will add $1.3 million (2015 figures) in sales or as an acquisition candidate for a baked products chef ready to graduate to their first business. First class presentation.

The investment required to replicate this operation is estimated by owner at more than twice the asking price. A baker seeking their own business can buy a cash flowing business at a discount to starting a new operation.

Strong sales generator year round especially holiday season and summer. Destination bakery versus cookie cutter chain approach.

First class website with upside potential in online marketing. Owner has a seven point plan for Buyer to drive margins and profits higher.

Possible opportunity to sell off selected high quality assets which buyer can use to partially pay off acquisition.

Detailed Information

Real Estate:
Leased
Building SF:
4,100
Lease Expiration:
N/A
Employees:
8
Facilities:
4,100 SF single story, L shaped facility facing high traffic municipal road.
Competition:
No direct competitor. Some franchised model lacking breadth of baked goods line.
Growth & Expansion:
Client has a seven point plan to drive margins and profits. Can be reviewed with serious buyers.
Financing:
$30,000
Support & Training:
Two weeks and then consult
Reason for Selling:
Other non-competing restaurant

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Robert Flynn

Business Listed By:
Robert Flynn

United Brokers Group LLC

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).

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