Wholesale Bread Co.

Middlesex County, NJ

Seller Financing Available
Wholesale Bread Co.

Asking Price:$695,000

Cash Flow:$201,000

Gross Revenue:$1,235,000

EBITDA:N/A

FF&E:$260,000

Inventory:$5,000

Rate/Sq. Ft.:$14.00

Established:1986

Wholesale Bread Co.

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Business Description

Profitable 30-year-old wholesale bread manufacturer / distributor with a gross income of $1,235,000, a yearly net income of $201,000 and services hundreds of retail customers throughout Central and Northern New Jersey. The company has been baking some of New Jersey’s finest breads since 1985, the bakery is very well known, and has been recognized for its quality products numerous times over the past many years. This wholesale bakery continues to be a highly efficient and profitable company which has daily delivers to its various New Jersey customers. The company bakes a wide variety of specialty breads for wholesale accounts and they make everything from bagels to gourmet hamburger buns and dinner rolls. Breads are freshly baked all day long, and they have multiple delivery times daily, 365 days per year. They serve many notable restaurants and specialty food stores throughout Northern New Jersey. The company offers the best ingredients possible which often contain no additives or preservatives, and many contain no fat. When oil or butter is added to their bread dough, it is all-natural, and used sparingly. Every day they make different doughs, then form each into a variety of shapes and sizes and their signature products, is an excellent example of their uniquely flavored and textured breads. Their delicious breads are available wholesale in a large variety of shapes and sizes. Bread continues to be in high demand, is the first food you serve your guests and creates their first impression of the meal to come. Their customers are aware it is important to serve bread equal in quality, flavor and beauty to the food you prepare. Their breads are a worthy beginning to any meal and perfectly set the stage for your creations. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. This industry does not require any government agency to own or operate. The retail facility consists of a 3,000 square feet commercial rental with separate areas for preparation, baking and storage. The business is in a free standing building with loading dock’s to appropriately service its daily deliveries. This business opportunity is located in Northern New Jersey, Middlesex County, nearby to various highways for convenient customer deliveries. Central and Northern New Jersey consists of a substantial number of retail businesses that require this particular food product. This business presently has nine employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $30,000. This transaction includes an assignable commercial lease which expires 2026-01-01 plus additional options, with a monthly rent of $3,600 and rent security $3,600. The company is located in a free standing facility which consists of approximately 3,000 square feet and has no retail presence. The business assets have an estimated value of $260,000 and the sale consists of a fully equipped commercial bakery, which includes various ovens, delivery trucks, walk in refrigeration and freezer units, commercial mixers, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has adequate private parking on site as part of the commercial lease. This wholesale bread company is active seven days per week, with two working shifts representing a twenty-hour work day. The sale includes a certificate of occupancy and health department license from the particular municipality to conduct its day to day business. The owner will remain post-closing for sixty days in order to supply an appropriate transitional training period to the new operator. The seller is retiring after thirty years in this wholesale bread business industry. The business presently has a poor marketing plan, no web site or sales staff and if improved can further develop the business gross sales. Additionally, new bread products are available to produce and offer to their existing customer base. Due to the nature of the wholesale industry, no other new competitors are expected to be a factor and the owner has agreed to supply a long term non-compete agreement to the purchaser. The company’s 2015 yearly gross income was $1,235,256 and the business has a yearly net income of $201,114 based on an onsite owner operator and prior to debt service. The business has been valued at $695,000 based on a multiple of the net yearly income and the value of the specific business assets and seller / bank financing is available to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Expiration:
7/31/2026
Employees:
Nine
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The retail facility consists of a 3,000 square feet commercial rental with separate areas for preparation, baking and storage. The business is in a free standing building with loading dock’s to appropriately service its daily deliveries. This business opportunity is located in Northern New Jersey, Middlesex County, nearby to various highways for convenient customer deliveries. Central and Northern New Jersey consists of a substantial number of retail businesses that require this particular food product.
Competition:
Due to the nature of the wholesale industry, no other new competitors are expected to be a factor and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth & Expansion:
The business presently has a poor marketing plan, no web site or sales staff and if improved can further develop the business gross sales. Additionally, new bread products are available to produce and offer to their existing customer base.
Financing:
Seller financing is available to qualified buyers.
Support & Training:
The owner will remain post-closing for sixty days in order to supply an appropriate transitional training period to the new operator.
Reason for Selling:
Retiring after thirty years in this wholesale bread business.

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Ron Cervelli

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Ron Cervelli

Regal Consulting Corp.

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