Established Commercial Bakery - SBA Lending Available
Cleveland, OH Cuyahoga County
Asking Price:
$1,200,000
Annual Revenue:
$1,230,000
Request More Information Contact the Seller
- RE: Established Commercial Bakery - SBA Lending Available
- Contact: Bill Molchan
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $1,230,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $370,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | SB-56882 | |
| Broker Reference #: | CLESWOH001-56882 |
Business Overview:
Excellent opportunity to acquire a well-established commercial Bakery. Founded in 2019, this company makes and distributes a variety of breads throughout Northeast Ohio. The company’s product offering includes almost two dozen types of dough in a variety of configurations that are highly sought after throughout the region. The operations are anchored by core values of quality, on-time delivery, and customer satisfaction, consistently earning the company a strong reputation. A strategic advantage lies in the business's Financial stability is a hallmark of this enterprise, with a reported revenue of 1.057,467 in 2022, $1,178,000 in 2023 and $1,230,000 for 2024. The Seller Discretionary Earnings (SDE/ Adjusted EBITA) reflects the business's financial health, standing at $242,000in 2022, $351,000 for 2023 and 370,000in 2024. For potential buyers, this represents a lucrative opportunity to enter or expand within the wholesale bakery market with a solid financial base to support them. With the current owners moving on to other interests, the business presents a solid foundation for new ownership to leverage its reputation and explore further growth prospects. This transition offers an exciting venture for those ready to build upon a legacy of excellence in the Northeast Ohio.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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