Bakery and Pastries-Four Retail Locations-$981,000 Annual Revenues

Warwick, RI (Kent County)

Bakery and Pastries-Four Retail Locations-$981,000 Annual Revenues
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Asking Price: Get Financing: $695,000

Cash Flow: $217,834

Gross Revenue: $981,000

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1985

Bakery and Pastries-Four Retail Locations-$981,000 Annual Revenues

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Business Description

Four retail locations of a major Rhode Island brand now available for for sale. Sales for 2017 were $981,000 with adjusted earnings of $217,834.

Third party leases in place. Opportunity to enter into long term supply agreement for bread and bakery products with the corporate owner. Twenty five different types of breads and dozens of high margin pastry products. High volume pizza and calzones sales.

Who should buy this established branded business?

Strategic buyer seeking additional locations for similar business model.

Cupcakery or pastry only business who wants product line expansion and distribution.

Experienced baker ready to graduate to their own baked products company.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Four separate retail locations. Single story. Average 1,300 SF per location.
Competition:
Very few similar business model competitors in the Rhode Island market.
Growth & Expansion:
Grow calzones and pizza, expand to additional health related pastry products.
Support & Training:
Two weeks management transition then will to both consult and supply baked products.
Reason for Selling:
Other core business
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Robert Flynn

Business Listed By:
Robert Flynn

United Brokers Group LLC

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).


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