Total of 18657 firms and businesses for sale today Friday 29th March 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:
34597
Vendor reference:
ED013
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£325,000  
Turnover / revenue:
£1,366,000
Net profit / cashflow:
Undisclosed
Years established:
55
Trading hours:
6pm 2pm 2Shift system
Number of employees:
34
Employees / staffing:
The vendor works full time in the business through choice, operating on a strategic basis. The bakery has loyal and long serving staff in place, many of who are key and run the business on a day to day basis. The business employs some 27 full time staff and 7 part time staff including: 1 Assistant Manager 2 Bakery Department Managers (one per shift) 1 Packing Department Manager 1 Office Manager 1 Supervisor(Health & Safety, Accreditations etc.)

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
Lease terms:
The premises are leasehold and ideally situated on a well-known business park with excellent access. Rent is circa GBP 28,000 p.a. Rates circa GBP 10,000 p.a. Current lease is for 15 years. The premises comprise circa 5,000 square feet of:- Main office Canteen / Changing area Ladies, Gents and disabled toilets Bakery area Boiler room Packing area Refrigerated areas Loading bay Packing area Dry goods storage area Upstairs office and maintenance area.
 
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BUSINESS DESCRIPTION
Independent Bakery supplying 250 plus Fresh Daily Baked Products to Wholesale, End User and Retail Sectors
Ref. ED013
Location : North East
Asking Price : GBP 325,000
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, plus the bakery only uses 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 and the finest quality products.

Expansion Potential
The business has over 250 regular customers within the delivery area. There are significant opportunities to expand the business. These include:

Increase in marketing activity to further develop its existing market share and increase current revenues. The business currently does very little marketing preferring to rely on referrals and word of mouth recommendations.

Putting an extra shift pattern in place to increase capacity still further.

Expand product range to include complimentary goods such as breads, buns, cakes etc. This is something the business gets regular requests for but to date has not pursued through choice.

The business has recently updated its internet presence and customers are now able to order online, which should result in further sales.

Market / Competition / Non-Competition Agreements
The business has primarily relied on word of mouth recommendations and referrals to generate sales over 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 lines, sales activity, its customer base and delivery area. The business has recently launched a new website that should generate further revenues moving forward.