Active
Southern MN Bakery for Sale
This business has several commercial accounts it supplies on a regular basis, along with walk in traffic due to its downtown location. Sought after in the community for it's breads, cakes, and donuts, this business is a hometown staple. Current ownership performs all of the work needed to conduct the operations. Currently the operations are throttled back due to ownership not wishing to take on additional staffing.
This well kept operation is a turn-key opportunity to take over a bakery tradition that spans almost a century.
Ad#:2199849
Listed By: Josh Grode Wolters
Background information
Year established:
2009
Reason selling:
Seller wishes to retire.
Finance
Sales:
$66,002
Profits:
$32,173
Operations
Equipment:
Included in asking price $49,952
Inventory:
Included in asking price
Premises
Facility:
The building is approximately 2,100 sq ft of finished space. Approximately 50% of the space is kitchen, 20% of the space is storage, and 30% of the space is cafe. Located in a small town MN downtown area, the business is surrounded by other businesses, and enjoys direct access to many larger communities. Parking is on street.
Opportunities
Growth:
There is spare capacity available to increase the amount produced in the bakery by 4 fold or more. Adding new corporate customers where deliveries take place is a prime target for expansion. In addition, focusing on and marketing specifically for catering, weddings, graduations, and anniversaries could bring in additional revenues.
Price and terms
Price:
$105,000
Financing:
Lender pre-screened with $10,500 down.
Training:
Will train for 2 weeks @ $0 cost.