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Established Retail/Wholesale Bakery - South Wales

  • Leasehold Price: £134,000
  • Annual Turnover: £301,000
  • Annual Net Profit: £67,000
Seller Reference: AF183
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Business Description
 
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Seller Reference: AF183
Request Details
Business Description
Business highlights include:
Consistent Trading
Large Commercial Bakery circa 9,600 square feet
Loyal retail customer base within 20 mile radius
Established wholesale client base regionally
Over 18 years historical trading
Excellent location in large, busy housing development
Substantial levels of bakery machinery and equipment
Full range of traditional bread, cake, savoury and confectionery products
Growth and expansion opportunities
Excellent reputation
Goodwill
Website

Introduction:
Turner Butler has been appointed to invite offers of purchase for this established and highly reputable retail & commercial bakery that has excellent infrastructure, large customer base and impressive levels of repeat business.

Business Profile
Established some 18 years ago this highly respected and successful bakery has been serving local families and regional businesses for many years and in that time has built up a sterling reputation for providing good quality bakery products at very competitive prices. It is particularly well known for its bread buns, confectionary and savoury offerings.

Ideally located close to its customer base the bakery has strong local market presence and sees many of the same families year after year. The majority of wholesale customers are located within a 30 mile radius of the bakery.

The bakery itself is more than adequate for the historic levels of business and situated on a very large & busy housing estate. It comprises a single storey property and it is fully equipped as you would expect from a business some 18 years old. The premises are divided into the main bakery areas, flour store, dispatch area, offices. A full asset inventory can be made available to suitably interested parties.

Operating within the wholesale marketplace the business has a very high level of regular custom and delivers to many of its clients on a daily basis. Clients include butchers, hotels, pubs and small retailers.

This company uses only the finest traditional recipes and quality ingredients to produce a wide range of wholesome and delicious breads, pastries, cakes, biscuits and confectionary products. The business also manufactures a wide range of fresh savouries including pies, pasties and sausage rolls.

This business offers a very personal and courteous service. This is illustrated by the impressive sales and consistent figures it achieves year on year. This is an excellent opportunity to acquire an established business highly regarded for its quality products and customer care. The business has excellent infrastructure with capacity for future growth.

Equipment:
All plant and equipment, including delivery vehicles and bake house machines are included within the sales price. A full inventory can be made available to interested parties. It includes a very comprehensive range of bakery equipment and accessories.

All plant, equipment is included within the sale price..

Asking Price:
The Asking Price of £134,000 including Net Assets is for 100% of the issued capital of the company, assuming Net Assets position of £15,000. The final selling price will have a £1 for £1 adjustment to reflect any rise or fall in this benchmark Net Asset figure at completion.

Advertising and Marketing:
The business does very little in the way of self-promotion and marketing, preferring to rely on repeat business and referrals to generate sales. There is huge scope to increase its exposure should a new owner so require.

The business does have a website. However, the further development of the site could assist in this business increasing its penetration of the wholesale sector.
Trading hours:
6 days a week 8:00am to 5:00pm Monday to Saturday.
Number of employees:
06
Tenure:
Leasehold
Competition:
The business does very little in the way of self-promotion and marketing, preferring to rely on repeat business and referrals to generate sales. There is huge scope to increase its exposure should a new owner so require. The business does have a website.
Support and Training:
The current owner would be happy to provide full support at handover and may be prepared to stay on for a further period should a new owner so require subject to negotiation.
Location Details:
Location : South Wales
Leasehold Term:
Premises: The business operates from ideal leasehold premises with excellent access to the road network. The bakery comprises circa 1,600 square feet in total.
Listed by:
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