Wholesale Bakery Operation with Retail Café and Real Estate
Location: Massachusetts, United States
Category: Wholesale and Distribution
Type: Established
Asking Price: $3,000,000
Cash flow: $350,000
Revenue: $1,800,000
Gross Income: Not Disclosed
Inventory: $50,000 - Not included in the Asking Price
FF&E $1,000,000 - Included in the Asking Price
Real Estate: $1,500,000 - Included in the Asking Price
This bakery has been in business for over 80 years, and has maintained a stellar reputation in the community and industry for high quality and consistent product. The company operates a wholesale bakery, retail bakery and European style coffee shop from a large two floor commercial building in southeastern Massachusetts.
The wholesale bakery generates approximately 80% of the revenue and produces primarily bulky rolls, grinder rolls, and dinner rolls utilizing high speed automated production equipment. The wholesale products are sold through independent distributors to airlines, supermarkets, casinos, entertainment clubs, restaurants, deli’s, pizza
shops, and federal/state schools and institutions throughout New England. A new $250,000 hamburger / hot dog roll line was just installed to support supply contracts with the local public school systems.
Sales are approximately $1,800,000. Total cash flow exceeds $350,000, excluding many owner benefits. Included in the sales price is the 13,300 SF building valued at $1,500,000 and all of the wholesale, retail and coffee shop equipment valued at $1,000,000.
The 13,300 SF facility includes a 10,500 SF wholesale operation and a 2,800 SF retail business. The facility is very clean and in excellent condition. There are two loading docks. The second floor houses the business offices and an apartment. The full / dry basement is used primarily for storage.
The wholesale equipment features three rack ovens, a Rool bread line, a Konic bread line, three dough mixers, an automated cooling line, an automated bagging line, and several coolers and freezers, all well maintained and in excellent condition. The retail bakery and coffee shop is equipped with high quality display cases, deco lighting, espresso and coffee machines, and marble tables. The company has five delivery vehicles, including four box trucks and a van. A new AMF hot dog / hamburger roll line was just installed.
The company has 22 employees, including professional bakers, pastry chef, office / administrator, and bakery operators, packers, retail staff, and drivers. Owner financing is available to qualified buyers. The owner is selling for health reasons. The owner will facilitate an orderly transition, will finance part of the deal to qualified buyers, and is open to a long-term consulting arrangement.
Reason Selling:
Number of Employees: 22
Year Established:
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