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- RE: Southern MN Bakery For Sale
- Contact: Jacob Petersen
Quick Facts
Asking Price: | $105,000 | |
Annual Revenue: | $66,002 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $32,173 | |
Total Debt: | Not Disclosed | |
FF&E: | $49,952 | |
Real Estate: | $38,000 | |
Year Established: | 2009 | |
Employees: | Not Disclosed | |
BBN Listing #: | 938618 | |
Broker Reference #: | 5106-18213 |
Business Overview:
For sale is a hometown bakery, mom and pop set up, with consistent sales and many opportunities for growth. This business is located about an hour outside of the Twin Cities metropolitan area. Included in the asking price are all assets needed to run the operation, including real estate, business equipment and goodwill, along with a normal amount of operating inventory. The current owner has built this business to work around their preferred schedule with the least amount of hassle involved. A willingness to take on more work could lead to rapid growth.
This business has several commercial accounts it supplies on a regular basis, along with walk in traffic due to its downtown location. Sought after in the community for it's breads, cakes, and donuts, this business is a hometown staple. Current ownership performs all of the work needed to conduct the operations. Currently the operations are throttled back due to ownership not wishing to take on additional staffing.
This well kept operation is a turn-key opportunity to take over a bakery tradition that spans almost a century.
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Property Features and Assets:
The building is approximately 2,100 square feet of finished space. Approximately 50% of the space is kitchen, 20% of the space is storage, and 30% of the space is cafe. Located in a small town MN downtown area, the business is surrounded by other businesses, and enjoys direct access to many larger communities. Parking is on street.
Assets = $90,452
Market Competition and Expansion:
Volatile input prices and numerous diverse shifts in consumer tastes have challenged bread producers, but declining revenue has not been baked into performance. Producers have adjusted their product mix to align with changing consumer preferences and decreased sales volumes in key product segments. Bread, a longstanding staple in the US diet, has been given a new look -- whole grain, multigrain, sprouted, gluten-free and low-carb. In the dessert market, producers are bringing treats with reduced sugar and fat content to the table, packed with whole grains and nutrient-rich ingredients, naturally sourced ingredients, and even providing diabetic-friendly options.
There is spare capacity available to increase the amount produced in the bakery by 4 fold or more. Adding new corporate customers where deliveries take place is a prime target for expansion. In addition, focusing on and marketing specifically for catering, weddings, graduations, and anniversaries could bring in additional revenues.
Reason for Selling:
Seller wishes to retire.Additional Details:
- The property is owned.
- 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:
- View more Minnesota businesses for sale
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