Description

Traditional Bakers & Confectioners.
Two Retail Outlets +
Wholesale Business
Ref. AF121
Location : South East
Asking Price : £250,000
This 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.