The reputation and longevity of this business are exceptional. Originally established in 1979 the present owners purchased the business in 1990. They have established a hybrid model which includes retail , wholesale and a café. They are experiencing solid growth due to new companies building a strong presence in the area.
Revenue is consistent in the $2,000,000 range. Owner's discretionary earnings have also been consistent in the $350,00 to $400,000 range. The ownership believes the upside is strong on both the wholesale and retail side of the business.
Their wholesale clients include the airport, various hotels and other establishments in the metro Atlanta area.
About the Business
Number of Employees:
18 ft 18pt
Building Sq. Ft.:
The building is a well appointed 6500 SF facility. It includes an exceptional kitchen to handle the wholesale and retail needs. In addition the cafe is the go to place in the area. The owners are open to sell the real estate with the business. Approximate value of the real estate is estimated to be close to $1,700,000.
There is little competition for this business in their area.
Growth & Expansion:
There is a high upside for growth on both the wholesale and retail side. With new industry and all that grows with it this business can benefit greatly.
The owner will be very supportive to the new owner.
Ad Detail Views:
Asking Price: $1,000,000 Gross Revenue: $2,200,000Cash Flow: $360,000EBITDA: $350,000Inventory: $60,000 not included in asking priceFF&E: $200,000 included in asking priceReal Estate: $1,700,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Wholesale Bakery and retail bakery with upscale cafe/restaurant.
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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
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