Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Freehold Wholesale Bakery With Retail Outlet
LISTING DETAILS
Firms For Sale ID:
25015
Vendor reference:
ED005
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£215,000
Turnover / revenue:
£230,000
Net profit / cashflow:
Undisclosed
Years established:
25
Trading hours:
Bakery operates 6 days 22.30-1200
Shop 6 days: 07.45-1600 (except Monday and Thursday when closes at 13.00)
Number of employees:
10
OTHER DETAILS
Reason for selling:
The vendor wishes to take early retirement.
Support and training:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Freehold Wholesale Bakery with Retail Outlet
Ref.ED005
Location Powys, Wales
Asking Price £ 215,000
This highly established bakery has been supplying the surrounding region with high quality bakery and confectionary products for over 80 years and in that time has built up a sterling reputation based on quaility, consistency and reliability.
The current vendor has run the business for the last 25 years and has developed both the wholesale and retail sides of the business. Approximately 60% of current turnover comes from regular wholesale clients (circa 15 mile radius) with the remaining 40% coming from the retail oulet, which is located in a busy town with some 3,500 inhabitants. It is the only retail baker in the town.
The bakery provides traditional breads as well as seeded and organic varieties not to mention confectionary. In addition to this the retail outlet sells complimentary products such as chutneys, jams and pickles. The orgainic flour used by the bakery is bought direct from a working water mill.
Expansion Potential
The business has the capacity to increase sales without having to invest in further equipment. The company does very little in the way of proactive sales and could certainly expand its coverage and customer base.