Southern MN Bakery for Sale

Minnesota

Asking Price:	$105,000
Gross Revenue:	$66,002
FF&E:	$49,952
Established Year:	2009

Cash Flow:	$32,173
Inventory:	$2,500
Real Estate:	$38,000

Listing ID: 2199849Listing provided by BizBuySell

BUSINESS DESCRIPTION

For sale is a hometown bakery, mom and pop set up, with consistent sales and many opportunities for growth. This business is located about an hour outside of the Twin Cities metropolitan area. Included in the asking price are all assets needed to run the operation, including real estate, business equipment and goodwill, along with a normal amount of operating inventory. The current owner has built this business to work around their preferred schedule with the least amount of hassle involved. A willingness to take on more work could lead to rapid growth.
This business has several commercial accounts it supplies on a regular basis, along with walk in traffic due to its downtown location. Sought after in the community for it's breads, cakes, and donuts, this business is a hometown staple. Current ownership performs all of the work needed to conduct the operations. Currently the operations are throttled back due to ownership not wishing to take on additional staffing.
This well kept operation is a turn-key opportunity to take over a bakery tradition that spans almost a century.

DETAILED INFORMATION

Location

Minnesota

Inventory

Included in asking price

Real Estate

Owned

Included in asking price

Building SF

2,100

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The building is approximately 2,100 sq ft of finished space. Approximately 50% of the space is kitchen, 20% of the space is storage, and 30% of the space is cafe. Located in a small town MN downtown area, the business is surrounded by other businesses, and enjoys direct access to many larger communities. Parking is on street.

Competition

Volatile input prices and numerous diverse shifts in consumer tastes have challenged bread producers, but declining revenue has not been baked into performance. Producers have adjusted their product mix to align with changing consumer preferences and decreased sales volumes in key product segments. Bread, a longstanding staple in the US diet, has been given a new look -- whole grain, multigrain, sprouted, gluten-free and low-carb. In the dessert market, producers are bringing treats with reduced sugar and fat content to the table, packed with whole grain

Growth & Expansion

There is spare capacity available to increase the amount produced in the bakery by 4 fold or more. Adding new corporate customers where deliveries take place is a prime target for expansion. In addition, focusing on and marketing specifically for catering, weddings, graduations, and anniversaries could bring in additional revenues.

Financing

Lender pre-screened with $10,500 down.

Support & Training

Will train for 2 weeks @ $0 cost.

Reason for Selling

Seller wishes to retire.

Report an Issue with this listing