Total of 18659 firms and businesses for sale today Sunday 5th May 2024
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Sold. Independent Bakery Supplying 250 Plus Fresh Daily Baked Products To Wholesale, End-user And Retail S

LISTING DETAILS
Firms For Sale ID:
34088
Vendor reference:
ED011
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£399,000  
Turnover / revenue:
£1,500,000
Net profit / cashflow:
Undisclosed
Years established:
55
Number of employees:
34

OTHER DETAILS
Reason for selling:
The business is offered to market due to pending retirement. It is ideally placed for continued success moving forward.
Support and training:
The vendor will provide a comprehensive hand over program to facilitate a smooth transfer and continued success of the business. This should be a relatively simple process as the business has excellent management and a structured workforce in place.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Independent Bakery supplying 250 plus Fresh Daily Baked Products to Wholesale, End-User and Retail Sectors
Ref.ED011
Location North East
Asking Price GBP 399,000
This long established traditional wholesale bakery has grown steadily since inception and is now regarded as one of the finest suppliers of savoury products in the North East of England. Using only the finest quality ingredients available, the bakery ensures that their products are fresh and delivered fast and efficiently to their regular customers on a daily basis..
Operating within the wholesale and retail market the bakery supplies a wide range of delicious savoury products including its renowned range of pies, bakes, pasties, sausage rolls and quiches.
All products are made from locally sourced ingredients where possible and the bakery use only British beef.
There are over 250 regular customers who receive daily deliveries via the bakerys fleet of refrigerated and non-refrigerated sign-written vehicles. Customer deliveries usually span a 50 mile radius such is the bakerys reputation and it regularly makes circa 400 delivery drops a day. Customers include the large supermarket chains and multi-site retailers, local hospitals (the business is an approved supplier to NHS) and independent wholesale/retail businesses.
The bakery currently operates on a two shift per day system from its circa 5,000 square feet facility. There is the possibility to add a third shift should a new owner so require.
In what can be a highly competitive industry, this business has experienced consistent sales and has performed well during the recent recession. They have never compromised their standards and have always maintained their reputation for quality, reliability and honesty. The bakery has an excellent senior management team, not to mention highly skilled and dedicated production workers including bakers, packers and drivers who are all committed to providing their customers with a friendly and efficient service

Market / Competition / Non-Competition Agreements
The business has primarily relied on word of mouth recommendations and referrals to generate sales for the last 55 years or so. There is great scope for the new owners to further develop the business and the brand and expand its product liens, sales activity, its customer base and delivery area. The business has recently launched a new website that should generate further revenues moving forward.