MergerPlace

Specialty Bakery

Ohio


  • Asking Price: $265,000
  • Gross Income: $676,364
  • Cash Flow: $112,074
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $44,750
  • Listing ID: #217708
  • Established: 2016
  • Employees: 7 FT / 17 PT

Business Description

This popular, European-style bakery has grown immensely in popularity and size in just a few short years. The recipient of numerous awards and accolades, this business offers a diverse menu including a variety of traditional breads and pastries as well as uniquely-inspired interpretations of classic bakery items, all baked on-site in their wood-fired brick oven. They offer made-to-order pizzas, too! Every item on the menu is made-from-scratch using local, primarily organic ingredients, and hand-shaped before baking.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Ohio

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT / 17 PT

Financial Information

Asking Price: $265,000
Gross Revenue: $676,364
Cash Flow: $112,074
FF&E: $44,750
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

Commercial building.

Growth & expansion opportunities:

Demand for fresh, handmade and otherwise specialty bread products is expected to increase in both retail and wholesale markets over the next five years. Furthermore, artisan bread bakeries have seen a steady increase in market share over the past five years and that growth is expected to continue. Possible growth opportunities include increased wholesaling; added product lines like espresso, sandwiches and soups; and pizza more often than Saturdays!

Competition:

As a whole, the bread production industry has seen an increase in revenues in 2017 and 2018 that is expected to continue through 2023. A strong and increasing demand for specialty breads is attracting many traditional grocery stores and markets to offer specialty bread products, increasing competition; however, small retail bakeries serving local markets typically do not compete with these larger commercial bakeries and have thrived by offering fresh-baked, artisan-style breads that are not typically found in traditional grocery stores or markets. There is no better time to enter the craft-baking business than now through an established, profitable and popular artisan-bakery uniquely positioned as the only one of its kind in its market!

Reason for selling:

Having started a family, the owners would like to pursue opportunities that allow them a more flexible schedule with more time at home.

Support & Training:

Will train for 4 weeks @ no cost The business carries a D1 and D2 liquor license as they offer craft beer and wine. These are primarily sold on Saturdays when they offer their specialty pizzas.

Contact Business Seller

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Business Listed By:

Nadia Mullin

Murphy Business Brokers