RE Included Historical European Bakery in Tourism Center

Asking PriceNot Disclosed

Cash Flow
$251,828
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$646,843

Inventory$15,000
Included in asking price
FF&E$418,065
Included in asking price
Real EstateNot Disclosed

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RE Included Historical European Bakery in Tourism Center


Asking PriceNot Disclosed

Cash Flow
$251,828
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$646,843

Inventory$15,000
Included in asking price
FF&E$418,065
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
RE Included Historical European Bakery in Tourism Center
This historied, old-world European bakery holds a unique position as a cornerstone in the heart of a Switzerland-inspired tourism center. Based in America, the bakery has garnered steadfast support from locals and has become a magnet for tourists from around the world, drawn in by its award-winning specialty cookies, breads, pastries and donuts - adding an extra layer of charm to its offerings. A variety of cookies make up a sizable portion of annual sales and provide the highest profit margin item among the product offerings.

This robust business enjoyed increased sales during COVID, and continues to expand with impressive year over year growth - proof that its long existence in its original building is a staple of the community. Talented staff take responsibility for the brand, sales, and daily operations, with the owner focusing on general oversight, community involvement, and growth initiatives. The Seller has created a business that distinguishes itself with its uniquely high level of service, superior bakery products, turning casual and curious customers into life-long devotees.

The Seller also has another business where she wants to shift her focus, and so she is looking for the right buyer to take what she has built and grow it to the next level. Confidentiality is a concern for the Seller as she seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.

NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
Years in Operation
100
Employees
16
Facilities & Assets
Seller owns the location, and the real estate is included as part of the sale. Included in the historical walking tour, this 2,772 sf building houses the retail bakery, production and storage facilities, as well as office space. The bakery is in an easily accessible area with street visibility, signage, and plenty of parking. There is also a 660 sf detached garage which can house 3 cars and/or additional storage.
Market Outlook / Competition
There is no competition to this bakery, as it’s a go- to destination for locals and domestic and international visitors. The offering of unique, high quality, hard to find, European specialties, continues to drive it’s popularity and customer loyalty.
Opportunities for Growth
Add additional distribution options to include mail order subscription boxes, custom delivery crates, attendance at fairs, regional and local community events, along with food trucks and expanded wholesale. A Company that is already in this space has an excellent opportunity to combine capabilities and streamline operations to grow both top line and bottom-line earnings.
About the Sale
Seller Motivation
Other business interests.
Transition Support
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Financing Options
TBD if structure and terms are acceptable.
Listing Info
ID
2260436
Listing Views
2232

Contact Seller

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Business Listed by: Sam Madson ProNova Partners

Listing ID: 2260436 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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