Profitable Bakery+Real Estate Is Icing On the Cake


for more information, call 507-340-4219

17441-81610
LISTING DETAILS:

Price: $329,000
Sellers Discretionary Earnings: $69,350.00
Support & Training: 6 weeks
Reason for Selling: Retirement

BUSINESS DESCRIPTION

This genuine neighborhood bakery has been baking original recipe doughnuts, cakes, breads, and many other delectable delights for over 43 years. Reasonable prices, great service, and a comfortable atmosphere attract and keep customers from neighboring towns and, actually, all over the country, coming back year after year.

DETAILED INFORMATION

HISTORY:

The owner comes from a long lineage of bakers. After a career baking at a large corporate bakery, he knew he wanted to own a bakery of his own. The owner purchased a small bakery in the 1970s with hopes of bringing one-of-a-kind original recipes to the customers of this small, well-established town. Three years after purchasing the business, the owner purchased a larger building and moved the operation to accommodate the increase in business. The rest, as they say, is history.

COMPETITION:

There are no other hometown bakeries for miles around, only large, corporate supermarkets that sell “Bake Off” products (buy frozen and bake it off in store) which are no match for freshly prepared and baked products. The ambiance of the small town setting brings customers in from the nearby neighborhoods, as well as all over the country to immerse themselves in the aroma that tantalizes their senses. This truly is a wonderful experience. One other item of note, snowbirds from all over the country will call in to order a couple of the bakery specialty items to have them shipped to their winter location. Year round business - you can’t beat that!

GROWTH POTENTIAL:

Growth potential could be realized by establishing a website, as well as growing social media. Customers have long requested that a small bistro and a small deli be added. Merchant services are currently not available so adding this could bring about more business. Contact us for further ideas and suggestions on how ripe this business is for expansion.

Topics: Food Business Retail

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