Popular Wholesale Bakery with Property and Equipment Included

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Wholesale Bakery with Property and Equipment Included
Asking Price:
$6,000,000

Gross Revenue:
$3,042,752
Cash Flow:
$422,057
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
included in asking price

FF&E:
$200,000
included in asking price

Real Estate:
$3,500,000
included in asking price

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Business Description

Lighthouse Business Brokers is pleased to introduce an acquisition opportunity for Chicagoland’s premier Italian bakery. This acquisition includes ownership of the thriving business and the 25,000+ square foot upgraded property, equipment, inventory, customers and everything needed to continue operations seamlessly. The property is located on a busy street with ample parking, near a destination shopping center. The property includes a retail space in addition to ample space for the wholesale bakery operation, walk-in freezers, storage, office space, and additional rental units for extra income. No expense was sparred in improving the facility and there is excess capacity for growth. The owners have added walk-in freezers with reinforced concrete supports, a sprinkler system, security cameras and much more. This family business thrives due to a vast wholesale customer base with lucrative connections throughout Chicagoland and beyond. The retail space keeps them connected to the local community and generates additional cash flow. The growth opportunities are unlimited. Please contact Lighthouse Business Brokers for more information.

About the Business

Location:
Chicago, Illinois
Year Established:
2001
Number of Employees:
40
Real Estate:
Owned
Building Sq. Ft.:
25,000
Facilities:
25,000 Square Foot facility fully customized for the wholesale bakery operation. No expense was sparred.
Website:
lighthousebusinessbrokers.com/listings/17529
Market Outlook/
Competition:
This business has a huge customer base and many popular products
Growth & Expansion:
Add wholesale breads, add a sit down cafe, pursue new regional or national wholesale accounts. Too many to mention. The facility has excess capacity.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner's are committed to a thorough transition.

Listing Info

ID:
1649642
Ad Detail Views:
0

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$
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Business Listed by

Maria Campuzano

Lighthouse Business Brokers

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Sponsoring Broker:

Andrew Rosenthal
Lighthouse Business Brokers


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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.