Established & Profitable Bakery

Walworth County, WI

Established & Profitable Bakery
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Asking Price: Get Financing: $598,000

Cash Flow: $163,840

Gross Revenue: $614,310

EBITDA: $84,203

FF&E: $107,000

Inventory: $8,500*

Lease Rate: $4,000 /Month

Established: 2001

*not included in asking price.

Established & Profitable Bakery

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Business Description

This listing is for an established and profitable bakery located in an upscale community in southern Wisconsin that is available to a qualified buyer. This award-winning business specializes in a wide variety of specialty desserts and it offers a buyer a yearly income of over $100,000 a year. They have a stellar reputation in their marketplace with fantastic online reviews and a very large and loyal base of customers. There are many customers that regularly come from 1-2 hours away. 80% of their business comes from their retail customers. During holidays, the business has lines out of the door. However, the remaining 20% comes from commercial accounts for catering. There is growth potential in both areas with a large base of repeat clientele. Very large businesses are coming into the area that will grow their customer base considerably. The business is best suited for a hands-on owner/operator. While their various desserts are the main draw, the business also operates as a café offering sandwiches and soups for both dine-in and carry-out. Over $100,000 in assets is to be transferred with the sale of the business as well. Inventory is available at closing. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or email.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
12/31/2020
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,000 sq ft. Leased for $4,000/Month expiring 12/2020
Growth & Expansion:
Plenty of growth potential by adding commercial accounts and increasing catering.
Support & Training:
Owner will train the buyer for 3 weeks at no cost.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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