MergerPlace

Established Multi Location Upscale Baker

Virginia


  • Asking Price: $145,000
  • Gross Income: $488,502
  • Cash Flow: $61,379
  • Real Estate: Not Disclosed
  • Inventory: $1,900
  • FF&E: $91,020
  • Listing ID: #220520
  • Established: 2007
  • Employees: 8 FT / 6 PT

Business Description

Operating nearly 15 years this Bakery is not standard nor is it run of the mill. This operation rides on the cutting edge of customer satisfaction offering a unique blend of ingredients creating a unique product selection. The product enjoys distribution throughout the Hampton Roads area and is host to many personal and professional events year over year. This year, over 100 events are scheduled showcasing this bakery’s unsurpassed talents. Perhaps no surprise, the heart of the operation is founded in a centrally located commercial kitchen which bakes and develops all of the tantalizing blend of ingredients creating baked goods each and every day that are special and pleasing. The line up includes cakes of every type imaginable, cupcakes second to none, from simple to sublime, and venues too many to mention. But one would be remiss if not mentioning the creation line up includes a heath conscious approach to development including sensitivity to allergies and the like so no customer is left unsatisfied. This depth of understand and specialized attention to the customer base has allowed this business to flourish even through the most difficult of times economically. Credit goes to the Owner for creating an unshakable base of operations. Complementing the business are five full time employees along with the Owner who is full time and actively engaged in the operation. A passion and love of this Seller, a Buyer will be afforded special training and transition as the Owner will like to see their creation continue long into the future.


Business Details

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

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 8 FT / 6 PT

Financial Information

Asking Price: $145,000
Gross Revenue: $488,502
Cash Flow: $61,379
FF&E: $91,020
Inventory: $1,900
Seller Financing Available: No

Property Information

Facilities:

The commercial bakery contains two full kitchens, office space and a separate storage space. The kitchen equipment includes a double convection oven, 40 gal floor mixer, 20 gal table mixer, 3 bay wash sinks, hand sink, refrigeration, freezers and worktop counters, racks and tables. The second kitchen is a dedicated wheat and nut free food allergy kitchen with a convection oven, 3 bay sink, refrigeration, freezers and work spaces. Every kind of tool and utensil necessary to run a bakery is located on premises and conveys. Lastly, the commercial kitchen includes a customer cafe as one of multiple area retail locations. A second delivery vehicle was added in 2021, a 2018 Chevy Equinox. The entire delivery fleet is brand wrapped marketing the business on wheels every day traveling throughout the coverage area.

Reason for selling:

Relocation

Support & Training:

Will train for 4 weeks @ no cost

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Business Listed By:

Frank Chebalo

Murphy Business Brokers