| Asking Price |
$3,500,000 | Inventory |
$23,000* |
|---|---|---|---|
| Gross Income |
$4,000,000 | Real Estate |
|
| Cash Flow |
$400,000 | Year Established | 1900 |
| FF&E |
$1,000,000* | Employees | about 25 |
* included in the asking price
** not included in the asking price
This is a fourth generation family owned and operated Industrial Baking Company specializing in Italian Bread Products. The company, over the years, has evolved into a trusted name in the industry with sales throughout certain New England Towns. Although this is a competitive industry, the company has maintained a significant share of the market by maintaining quality products. The company concentrates on institutional sales, school systems, food service organizations, as well as private dining and retail sales plus more. The opportunity for a new owner, lies in the existing distribution network as well as growing the company outside of the New England area.
Facilities: The company is housed in a fairly new structure of approximately 16,000 square feet of cinder block and steel. It sits on 40,20 square feet of property. The real estate is available with the sale or a long term lease.
Competition: This is a highly competitive industry but continually reinventing itself with opportunities to create niche markets.
Growth/Expansion: This is a lucrative foundation opportunity. A new owner with renewed enthusiasm and sales and marketing skills should take this company out of the New England area, expand into territories the current owners have never dared to go into.
Financing: The SBA 504 and 7A programs should be interested in this deal
Support/Training: As needed for a smooth transition with one key man staying on.
Reason Selling: Fourth generation family. Time to move on.

Marcia
508-759-1500
Business Broker Services, Inc.
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