This is an excellent opportunity to purchase a profitable, established commercial bakery. The bakery has been in business for over 30 years. It operates out of a 4,000 square foot central location and specializes in delivering outstanding baked goods to local grocery stores, restaurants and cafes.
The business will turn over close to one million dollars in the 2016 fiscal year. This represents an 18% increase in year over year sales. The current owners do not actively work in the business yet the company will produce a profit of close to $90,000 this year. Under active management, the Seller’s Discretionary Earnings are estimated to be in excess of $125,000.
This is an excellent opportunity for a person with a bakery background to build on the impressive foundation laid by the current owners. The current owners have spent the better part of the last year upgrading the bakery’s infrastructure including adding new delivery vehicles, installing new signage on the premises and vehicles, developing and implementing new computerized production and time management systems, and adding new SKU’s to better service their grocery accounts. These upgrades will allow a new owner the ability to continue to expand the business.
For more information, please contact Keith MacKenzie at Chinook Business Brokers Ltd.