Bakery - Spencer, Iowa - Motivated


The Business Brokers, Inc.

Asking Price:$360,000

Cash Flow:$133,874

Gross Revenue:$281,835




Real Estate:$125,000


Bakery - Spencer, Iowa - Motivated

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Business Description

Carroll’s Bakery, located in Spencer, Iowa has been voted the #8 Sweetest Bakery in the U.S. They have also received the number one rating on Google for The Best Bakery in America.

There has been a bakery in this location in Spencer since 1928 and the current owners are planning their retirement.

It takes planning and the right ingredients to make a great cake, pie or any other dessert. The same principal applies in selling a bakery to the right buyer. The current owners are looking for an honest, hardworking, motivated individual that will take pride in the long history of baking specialty items for the community. With the training received from the current owners, a new individual can step into a successful business with less cost and worries than if trying to start a new company.

Do you have what it takes to continue the Carroll’s Bakery tradition? Please contact Russ Harrison at or by phone at 515-306-5141 for more information.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Traditional bakery facility that has regularly had equipment updates. Real Estate also includes two apartments on the second floor that are continually rented.
Growth & Expansion:
Growth and Expansion includes: - Offering deli sandwiches - Provide catering service - Develop wholesale accounts - Offer pre-made foods for pick up that can be cooked at a later date - Add an additional location at a neighboring recreational area - Capitalize on the fresh made food trends that have less preservatives - Increase store hours
Support & Training:
The sellers are willing to train the buyer in the art of making pastries. The sellers will also remain for a period of time for a smooth transition.
Reason for Selling:

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Mike Schoville

Business Listed By:
Mike Schoville

The Business Brokers, Inc.

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