Love the smell of fresh bread baking or surrounding yourself with the sugary taste of your favorite treat? You might be a candidate to buy this business and join an industry that is serious about serving up some of the best treats to its loyal guests.
For nearly 4 decades this renowned profitable bakery has been offering the highest quality pastries and confectionaries made fresh daily. The business has a seasoned well-trained staff of loyal employees, consistent sales, and six figure profitability.
There is real estate available for purchase or lease. The exact location is confidential for listing purposes to protect the Seller and business; however once a prospective Buyer completes a confidentiality package we can provide more specific details. This is a great opportunity that will not last! Contact Matthew at [email protected] for more information.
Financial Information
$923,000
Asking Price
$279,000
Cash Flow
$1,581,000
Gross Revenue
Business Location
City:
Central Iowa
State:Iowa
Reason for Sale
Seller is retiring and in search of a new owner to continue the legacy of this successful business.
Detailed information
Year Established:1980
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:60
Inventory Included: Yes
Inventory Value:
$18,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$200,000
FF&E Included?: Yes
FF&E Value: $229,000
Training/Support
Seller will provide a full training and transition to the Buyer
Market Outlook/Competition
The business has maintained a track record of success with healthy sales and solid profitability, even throughout the Covid pandemic. Some "competition" exists among C Store services and Grocery bakeries.
Real Estate Description
The building is not included in the business listing price. It's listed for $200,000 and may be purchased or leased from the Seller.
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