Popular Destination Retail Bakery with Production Facility

Wayne County, MI
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Asking Price:$275,000
Gross Revenue:$398,000
Rent:$3,000/Month
Established Year:1933
Cash Flow:$85,000
Inventory:$45,000
FF&E:$150,000
BUSINESS DESCRIPTION

Continue this early 1900 Historical Bakery Tradition…
With the rich history of this bakery and the established customer base, this bakery is a popular destination business drawing customers and clients from around the area to enjoy their wonderful bakery items that serve the tastes from around the world.
There’s “no loafing around” in this bakery. The new buyer will enjoy “rolling in the dough” from day one working with an experience staff already knowledgeable in production making pastries from Eastern Europe, Western Mediterranean, and many American favorites. There’s something for everyone in this beautiful café style bakery and coffee bar with a relaxing ambience and welcoming atmosphere.
Bakery items offered for all occasions; including engagement parties, weddings, bridal showers, baby showers, birthdays, corporate gatherings and much more. This bakery serves every American holiday imaginable.
This business comes equipped with commercial freezers, a proofer, massive oven, numerous mixers, donut production and much more. The building electrical was recently upgraded to accommodate the needs of this growing business and the demands for increase production to meet the expectations of the current wholesale accounts that have business relationships with offers full range of production to meet the demands of the retail business. Retail, wholesale, and delivery are the methods of distribution already in place. The new owner could possibly incorporate shipping their items across country to meet demand. The growth for business with the production facility included has numerous opportunities.
The bakery reputation is rated very high on Google and has over 3,500 Facebook followers. The growth potential for this business is exponential with the right visionary and hard working leader for this company.

Established in 1938, 3rd owner reluctantly is listing and selling this business.
Only a few competitors at this level. There are not very threats of competition.

Significant potential for growth with the production equipment included. Customer base is already established and growing.

The type of items offered will be revealed with a signed NDA. Price listed for the business only.
The building can be leased or option to purchase.


DETAILED INFORMATION
Location
Wayne County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,200
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Commercial building for lease, plenty of parking for customers and employees, FF & E is included in the sale of the business. The property is available for purchase, as well.
Competition
There is no direct competition in close vicinity. The closest direct competition is about 9 miles away.
Growth & Expansion
Tremendous opportunity for growth in volume of products and expansion of menu items and possible locations.
Support & Training
12 weeks
Reason for Selling
relocating
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Timothy
Rice
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Timothy Rice