MergerPlace

Specialty Wholesale / Retail Bakery

Utah


  • Asking Price: $349,000
  • Gross Income: $648,897
  • Cash Flow: $51,914
  • Real Estate: Not Disclosed
  • Inventory: $24,000
  • FF&E: $123,062
  • Listing ID: #211741
  • Established: 2011
  • Employees: 14 FT

Business Description

This specialty bakery has it's own award-winning, fully-established national brand and it's a true leader in its fast growing industry. It serves wholesale and retail customers all across the country and it has a very loyal and passionate customer following. Wholesale and retail distribution channels are just being put in place and the business is poised for expansion.


Business Details

Primary Business Category: Wholesale Trade - Nondurable Goods
Location: Utah

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 14 FT

Financial Information

Asking Price: $349,000
Gross Revenue: $648,897
Cash Flow: $51,914
FF&E: $123,062
Inventory: $24,000
Seller Financing Available: No

Property Information

Facilities:

The Company's operations are housed in one of the best places to do business in the country. The space is approximately 6,000 sq. ft. and houses baking operations, warehousing operations, shipment fulfillment operations, office facilities and an on-site store.

Growth & expansion opportunities:

The market for the Company's products is growing at an estimated compound annual growth rate of over 10%. In 2014, the market was valued at over $4 billion. In 2023, the market will most likely be worth more than $9 billion. The Company already has nation-wide reach with it's products. It's sales could increase rapidly and dramatically with the right exposure, relationship or targeted marketing campaign.

Competition:

There are a number of competitors in the Company's industry but the quality and variety of its products allows it to compete very effectively head-to-head with any national or local brand. The Company's products are frequently ranked high (top 10, top 5 1st in the nation) on industry and consumer websites.

Reason for selling:

Owners are involved in a number of businesses and other activities. This Company is poised for significant growth with the right amount of effort and the right connections. They are anxious to see it achieve its potential in the right hands.

Support & Training:

Will train for 6 weeks @ $0 cost. No specific set of skills required, but prior experience and connections in the wholesale and /or retail food industry would be of benefit.

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Business Listed By:

Richard Lindquist

Murphy Business Brokers