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Leading Wholesale Bakery and Distributor

FL

FOO1104
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $4,557,000

EBITDA: $393,000

FF&E: N/A

Inventory: N/A

Established: N/A

Leading Wholesale Bakery and Distributor

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Business Description

The company is a manufacturer and wholesale distributor of bagels, danishes, muffins, and other breakfast bakery goods. The company serves many diverse, major accounts throughout Florida, including Walt Disney World.

Key aspects
•Average gross profit margins of 58.7% from 2016-2018
•Compound annual growth rate in revenue of 9.4% from 2016 to 2018
•Serving the Orlando area for over 30 years establishing an excellent reputation
•Strong customer base with over 350 accounts, including Walt Disney World
•Serves large bread manufacturers that have relationships with over 60 bread distributors
•Diverse customer accounts from hotels, airport concessions, hospitals, and theme parks
•Operating with no debt
•Key employees have over 20 years of experience
•Open 365 days a year, providing fresh delivery seven days a week
•Website is Search Engine Optimized (SEO)

Opportunities
•Utilize growth momentum to expand markets served throughout Florida
•Develop product line options to generate additional revenue
•Create an online portal to receive customer orders and payments
•Nurture relationships with bread distributors to enlarge geographic region

Headquartered
•Florida

Current markets
•The company serves the consumer market through hotels, airport concessions, hospitals, and many other industries throughout Florida.

Real estate
•The company operates from a 15,600 sq. ft. manufacturing facility. The building is owned by an affiliated entity. There is room to grow in the current facility. The building is not included in the sale of the business; however, the owner is willing to enter into a long-term lease under new ownership.

Shareholder/owner objectives
•The company is owned by a single shareholder who operates the business with a partner. They would like to exit the business to retire. The owner believes the company is in a position where new ownership can take advantage of the growth opportunities in the market. Both are willing to stay on for a transition period.

Attached Documents


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Leo Vanderschuur

Business Listed By:
Leo Vanderschuur

Benchmark International

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Sponsoring Broker:
Emily Cogley

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