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Specialty Wholesale / Retail Bakery and Brand Name

UT (Relocatable)

Specialty Wholesale / Retail Bakery and Brand Name
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Asking Price: $199,000

Cash Flow: $51,914

Gross Revenue: $678,897

EBITDA: N/A

FF&E: $123,062

Inventory: $24,000

Established: 2011

Specialty Wholesale / Retail Bakery and Brand Name

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Business Description

This specialty bakery has it's own award-winning, fully-established national brand and it's a true leader in its fast growing industry. It serves wholesale and retail customers all across the country and it has a very loyal and passionate customer following. Wholesale and retail distribution channels are just being put in place and the business is poised for expansion.

Detailed Information

Inventory:
Included in asking price
Employees:
14 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company's operations are housed in one of the best places to do business in the country. The space is approximately 6,000 sq. ft. and houses baking operations, warehousing operations, shipment fulfillment operations, office facilities and an on-site store.
Competition:
There are a number of competitors in the Company's industry but the quality and variety of its products allows it to compete very effectively head-to-head with any national or local brand. The Company's products are frequently ranked high (top 10, top 5 1st in the nation) on industry and consumer websites.
Growth & Expansion:
The market for the Company's products is growing at an estimated compound annual growth rate of over 10%. In 2014, the market was valued at over $4 billion. In 2023, the market will most likely be worth more than $9 billion. The Company already has nation-wide reach with it's products. It's sales could increase rapidly and dramatically with the right exposure, relationship or targeted marketing campaign.
Support & Training:
Will train for 6 weeks @ $0 cost. No specific set of skills required, but prior experience and connections in the wholesale and /or retail food industry would be of benefit.
Reason for Selling:
Owners are involved in a number of businesses and other activities.
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Richard Lundquist

Business Listed By:
Richard Lundquist

Murphy Business & Financial Corporation

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Sponsoring Broker:
Marvin Slovacek

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