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RE Included Historical European Bakery in Tourism Center

Milwaukee, WI

Seller Financing Available

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Cash Flow:$251,828
Inventory:$15,000
Established Year:1925
Gross Revenue:$646,843
FF&E:$418,065
Listing ID: 2260436Listing provided by BizBuySell
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.

DETAILED INFORMATION
Location
Milwaukee, WI
Inventory
Included in asking price
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
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.
Growth & Expansion
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.
Financing
TBD if structure and terms are acceptable.
Support & Training
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling
Other business interests.
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Sam
Madson
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Sam Madson
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