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

Asking Price	$600,000	Inventory
Gross Income	$950,000	Real Estate
Cash Flow	$200,000	Year Established	1990
FF&E	>150,000*	Employees	28

* included in the asking price

** not included in the asking price

A name, a reference in the world of bakeries in the city of Panama is for sale. The business produces and distribute all of its products in complete autonomy. It has several departments: production, direct sales, and special sales (events). For private reasons, during the past two years, it has concentrated on retail sales, but it has maintained a significant production level. The business established a solid reputation that considerably surpasses the vast majority of competitors. Its renown and presence in the market is a most valuable success and will permit future owners to obtain a fast and safe return on their investment. The team has a high level of expertise and will guarantee continuity for the production and the distribution of the products. Production is installed on various levels; distribution and sale are conducted through the single point of sale and the cafeteria. The business is on sale with all the equipment and suppliers contracts.

Facilities: The building will be rented to the new owner under highly accessible conditions with the purpose of reducing costs. Several parking spaces are available. The two mini trucks included in the price have their garage within the building, which has a surface area of 800m2 (8,600 SQF).

Competition: Competition exists, but having a name of reference is an unparalleled advantage. To obtain a similar position in the market would require many years and an important investment.

Growth/Expansion: The development potential of the brand and the business is very significant. Panama s economic growth, the rise of the tourism industry (>10% p.a.), and the number of foreign residents favors the business. An increase in the number of points of sale, owned or through franchise, is possible.

Financing: No

Support/Training: Complete during three to six months in accordance wity party agreement.

Reason Selling: Retirement after a long and successful career.