Wholesale Bakery and retail bakery with upscale cafe/restaurant.

GA

Wholesale Bakery and retail bakery with upscale cafe/restaurant.
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Asking Price: $1,000,000

Cash Flow: $360,000

Gross Revenue: $2,200,000

EBITDA: $350,000

FF&E: $200,000

Inventory: $60,000*

Real Estate: $1,700,000*

Established: 1990

*not included in asking price.

Wholesale Bakery and retail bakery with upscale cafe/restaurant.

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Business Description

The reputation and longevity of this business are exceptional. Originally established in 1979 the present owners purchased the business in 1990. They have established a hybrid model which includes retail , wholesale and a café. They are experiencing solid growth due to new companies building a strong presence in the area.
Revenue is consistent in the $2,000,000 range. Owner's discretionary earnings have also been consistent in the $350,00 to $400,000 range. The ownership believes the upside is strong on both the wholesale and retail side of the business.
Their wholesale clients include the airport, various hotels and other establishments in the metro Atlanta area.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
6,500
Employees:
18 ft 18pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building is a well appointed 6500 SF facility. It includes an exceptional kitchen to handle the wholesale and retail needs. In addition the cafe is the go to place in the area. The owners are open to sell the real estate with the business. Approximate value of the real estate is estimated to be close to $1,700,000.
Competition:
There is little competition for this business in their area.
Growth & Expansion:
There is a high upside for growth on both the wholesale and retail side. With new industry and all that grows with it this business can benefit greatly.
Support & Training:
The owner will be very supportive to the new owner.
Reason for Selling:
Need to cut back.
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Matt Wochele

Business Listed By:
Matt Wochele

Preferred Business Brokers, Inc.

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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