Bakery and Pastries-Four Retail Locations-$981,000 Annual Revenues

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Bakery and Pastries-Four Retail Locations-Profitable-$981,000 Annual Revenues
Asking Price:
$695,000

Gross Revenue:
$981,000
Cash Flow:
$217,834
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$100,000
included in asking price

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Business Description

Four retail locations of a major Rhode Island brand now available for for sale. Sales for 2017 were $981,000 with adjusted earnings of $217,834.

Third party leases in place. Opportunity to enter into long term supply agreement for bread and bakery products with the corporate owner. Twenty five different types of breads and dozens of high margin pastry products. High volume pizza and calzones sales.

Who should buy this established branded business?

Strategic buyer seeking additional locations for similar business model.

Cupcakery or pastry only business who wants product line expansion and distribution.

Experienced baker ready to graduate to their own baked products company.

About the Business

Year Established:
1985
Real Estate:
Leased
Facilities:
Four separate retail locations. Single story. Average 1,300 SF per location.
Market Outlook/
Competition:
Very few similar business model competitors in the Rhode Island market.
Growth & Expansion:
Grow calzones and pizza, expand to additional health related pastry products.
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About the Sale

Reason For Selling:
Other core business
Training/Support:
Two weeks management transition then will to both consult and supply baked products.

Listing Info

ID:
1503062
Ad Detail Views:
406

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Business Listed by

Robert Flynn

United Brokers Group LLC

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Source: Decennial Census (2010), United States Census Bureau.

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