Hot Listing

Profitable Wholesale Bakery For Sale With Absentee Owner

Asking Price$2,400,000

Cash Flow
$450,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Profitable Wholesale Bakery For Sale With Absentee Owner


Asking Price$2,400,000

Cash Flow
$450,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
HS Listing ID-66980

Long Island Wholesale Bread Bakery, Operating over 25 years

Absentee: Owner Works less than 5 hours a week,

Gross 2m, Net 450k,

2 Vans included, Delivery people use own vehicle 1099.

Rent 4000 Monthly
Utilities 3000 Monthly

Payroll about 550k, long term staff and production manager in place.

Updated Equipment
Large customer base restaurants, catering halls, deli etc.

Tremendous upside, Current Staff and location can do 50-60% more business. Currently no sales people, all word of mouth and long term customers.

Owner doesn’t pay attention to business, sales can increase substantially with operator/salesperson.

Opportunity to add a larger line of products to increase revenue and profitability. All baking is done overnight, able to add a daytime shift, which can more than double production.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Years in Operation
25
Real Estate
Owned or Leased
Leased
Rent
$4,000.00 per month
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Listing Info
ID
2396155
Listing Views
804

Contact Seller

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Business Listed by: Francesco Maola Hedgestone Business Advisors

Listing ID: 2396155 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 of Use. Learn how to avoid scams.


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