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Businesses For Sale > Business For Sale in South East, UNITED KINGDOM - UK (UK)

AF121-South East-£250,000-Traditional Bakers & Confectioners for sale in South East, UK

South East, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 250,000 £ 1,100,000 Undisclosed

Business Summary:
Traditional Bakers & ConfectionersTwo Retail Outlets + Wholesale BusinessRef. AF121Location : South EastAsking Price : £250,000This is a well established family business that has been successfully trading since 1984 as a retail and wholesale bakery with two well located high street branches selling bread, confectionery and celebration/wedding cakes. This business uses traditional recipes and quality ingredients to produce a wide range of wholesome and delicious breads, cakes and confectionery products. The business trades as a traditional bakers and has built up an excellent reputation, which generates a high proportion of repeat custom. The bakery with a factory unit and two retail outlets is strategically placed within a specific catchment area.This business is well known for their celebration and wedding cakes, made and decorated to order by their highly skilled and experienced bakers. This business provides wholesale deliveries to schools, colleges, pubs, retail shops, restaurants and cafes and has built a reputation for quality and value for money for their entire range.The current annual turnover of the business is in the region of £1,100,000, achieving a gross profit of £724,000 and an adjusted EBITDA before drawings of c£112,000. This business offers an excellent opportunity to purchase a traditional bakery, in an ideal location, with huge scope for future growth and who are the only wholesaler in this area. There is immense scope to increase turnover by offering an outside catering service and expanding the geographical area served.

 

   
Year Business was Established: 1984
   
Number of Employees: 13FT/25PT  
   
Facilities / Terms of Lease: Both retail outlets operate from excellent locations in the South East. The retail shops are located in established town centre high street premises, being in very busy and pleasant areas close to all amenities. The units are owned by the vendor and new leases will be granted to the purchaser on terms to be agreed. The property benefits from retail, bakery, confectionery and dispatch areas. The main bakery operates from Council owned leasehold premises. The lease is renewed each 5 years, subject to the usual conditions.  
   
Potential Growth/Expansion: This is very busy traditional bakers and confectioners with a superb reputation for their extensive range of fresh breads, confectionery and celebration cakes, (made on site). However they have the manufacturing capacity to double turnover by expanding into more surrounding geographical areas, which the owners have not done. Additionally more sales and marketing within the existing area served would undoubtedly produce a greater number of clients as well.  
   
Competition: A high proportion of the businessís revenue is due to strong word of mouth recommendation it receives bearing testimony to the excellent reputation it has received throughout the industry. The distinctive sign written van acts as a mobile visual means of advertising. The Company regards Customers as their best advertisers. The company does have a web presence which could be improved, however they do no additional advertising whatsoever.  
   
Owner willing to train: The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new Owners.  
   
Reason for selling: This is a genuine retirement sale.  
   
Seller Reference Number: AF121
BusinessMart.com Listing Number: 215177
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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