Southern MN Bakery for Sale

Asking Price$102,500

Cash Flow
$29,850
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$67,356

Inventory$2,500
Included in asking price
FF&E$49,952
Included in asking price
Real Estate$38,000
Included in asking price
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Southern MN Bakery for Sale


Asking Price$102,500

Cash Flow
$29,850
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$67,356

Inventory$2,500
Included in asking price
FF&E$49,952
Included in asking price
Real Estate$38,000
Included in asking price
Business Description
For sale is a hometown bakery, mom and pop set up, with consistent sales and many opportunities for growth. This business is located about an hour outside of the Twin Cities metropolitan area. Included in the asking price are all assets needed to run the operation, including real estate, business equipment and goodwill, along with a normal amount of operating inventory. The current owner has built this business to work around their preferred schedule with the least amount of hassle involved. A willingness to take on more work could lead to rapid growth.
This business has several commercial accounts it supplies on a regular basis, along with walk in traffic due to its downtown location. Sought after in the community for it's breads, cakes, and donuts, this business is a hometown staple. Current ownership performs all of the work needed to conduct the operations. Currently the operations are throttled back due to ownership not wishing to take on additional staffing.
This well kept operation is a turn-key opportunity to take over a bakery tradition that spans almost a century.
About the Business
Years in Operation
16
Facilities & Assets
The building is approximately 2,100 sq ft of finished space. Approximately 50% of the space is kitchen, 20% of the space is storage, and 30% of the space is cafe. Located in a small town MN downtown area, the business is surrounded by other businesses, and enjoys direct access to many larger communities. Parking is on street.
Market Outlook / Competition
Volatile input prices and numerous diverse shifts in consumer tastes have challenged bread producers, but declining revenue has not been baked into performance. Producers have adjusted their product mix to align with changing consumer preferences and decreased sales volumes in key product segments. Bread, a longstanding staple in the US diet, has been given a new look -- whole grain, multigrain, sprouted, gluten-free and low-carb. In the dessert market, producers are bringing treats with reduced sugar and fat content to the table, packed with whole grain
Opportunities for Growth
There is spare capacity available to increase the amount produced in the bakery by 4 fold or more. Adding new corporate customers where deliveries take place is a prime target for expansion. In addition, focusing on and marketing specifically for catering, weddings, graduations, and anniversaries could bring in additional revenues.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,100
About the Sale
Seller Motivation
Seller wishes to retire.
Transition Support
Will train for 2 weeks @ $0 cost.
Financing Options
Lender pre-screened with $10,500 down.
Listing Info
ID
2199849
Listing Views
5036

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Business Listed by: Jacob Petersen Murphy Business & Financial Corporation

Listing ID: 2199849 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.