Retail - Other Food Stores | Mfg. - Food and Kindred Products

Asking Price	$115,000	Inventory
Gross Income	$412,000	Real Estate
Cash Flow	$51,960	Year Established	1969
FF&E	N/A	Employees	5ft/2pt

* included in the asking price

** not included in the asking price

Despite the slow economy this 40-year old bakery (9 years under the current owner) thrives due to its strong wholesale customer base and its great location in a large strip mall of an affluent town. The wholesale/retail breakdown is 70%/30%. All of the product line including bread, pies, cakes, pastries and cookies is produced on site in a well-equipped and well organized shop. There is a full line of equipment and plenty of space to increase production to serve many more wholesale accounts, which can be developed from the plentiful companies, restaurants and schools of the surrounding towns. The asking price includes at least $100,000 of equipment and refrigeration/freezer compressors have been recently replaced with a 5-year warranty at a cost of $20,000, plus a new water-heater has been installed. You will not find a cleaner bakery anywhere. This is an excellent time to negotiate with the tenant-friendly landlord for a favorable lease, which will benefit you for many years. The owner s retirement creates this outstanding opportunity for a baker or chef to build a great business from a solid base, and you will not find a better price or location than this. All the pieces are in place for you get a great start in this business, so make your inquiry right away!

Reason Selling: owner is retiring