Active
Retail/Wholesale Distribution Bakery Related Business
The revenue number remain strong. Year over year 2020 to 2022 revenues climbed 60+ percent. The 2023 dip in revenues when compared to 2022 is easily made up for when comparing the profitability of 2023 versus 2022. Currently, the revenue mix is 70% retail and 30% wholesale. The owner's benefit is following suit.
Ad#:2149642
Listed By: Josh Grode Wolters
Background information
Reference:
5401-17971
Year established:
2019
Reason selling:
The sellers would like to focus on a new concept.
Finance
Sales:
$888,936
Profits:
$255,920
Operations
Employees:
18
Equipment:
Included in asking price $209,213
Inventory:
Included in asking price
Premises
Facility:
The facility is adequate for current and future demand. The business is located in a busy retail-related area and has excellent curb appeal and exposure.
Rent and lease terms:
N/A
Opportunities
Growth:
This company's customer base is established with much room for growth both within the current area residents as well as future municipal growth. With current revenue numbers, the bakery is producing at half capacity. There is always room for more wholesale accounts, primarily current and future local restaurants and grocery stores. To drive Retail sales, there are any number of marketing strategies that could be implemented to promote the product as well as the location.
Price and terms
Price:
$600,000
Training:
Will train for 4 weeks @ $0 cost.