Independent Bakery Business in Two Desirable Locations
Buckinghamshire
Advert ref: 1009SJG
Business Partnership is delighted to have been appointed as sole selling agent in order to seek a purchaser for this very long-established business, which our client has owned for more than 40 years and has only been made available for sale due to a wish to fully retire.
The family owned business boasts a turnover circa of £500,000 per annum.
A full range of breads, patisseries, cakes and sandwiches as well as savouries are produced with deliveries offered to a few commercial customers.
This is a long-established bakery business with an enviable reputation and many existing customers, with all equipment and fixtures and fittings included in the sale, making this a real turnkey business opportunity, which would ideally suit new owner managers.
A great deal of pride and passion is evident in this business and would ideally suit a baker who really likes to take pride in what he/she produces. This passion is very much present in the staff and certainly isn’t wasted on the loyal customer base, many of which have frequented this bakery for the last 40 years!
The family owned business boasts a turnover circa of £500,000 per annum.
A full range of breads, patisseries, cakes and sandwiches as well as savouries are produced with deliveries offered to a few commercial customers.
This is a long-established bakery business with an enviable reputation and many existing customers, with all equipment and fixtures and fittings included in the sale, making this a real turnkey business opportunity, which would ideally suit new owner managers.
A great deal of pride and passion is evident in this business and would ideally suit a baker who really likes to take pride in what he/she produces. This passion is very much present in the staff and certainly isn’t wasted on the loyal customer base, many of which have frequented this bakery for the last 40 years!
We strongly recommend that any seriously interested party make contact with us as soon as possible, by hitting the 'Enquire about this business' button and completing the necessary non-disclosure agreement.
Key features:
- Very long established, well known, thriving and highly reputable business
- Currently operates from two desirable locations
- Enjoys high footfall from regular customers as well as passing visitors
- Lots of commercial business development potential
- Only uses top quality ingredients
- Bakes fresh on site every day
- Fully equipped on-site bakery
- Boasts excellent google reviews
Property Details: Leasehold
Asking Price: £95,000 + SAV (Leasehold)
Turnover: £489,906 Annual
Location:
The business currently operates from two desirable locations.
Premises Details:
Both premises are leasehold and fully equipped. Location#1 has a bakery on-site
Lease Terms:
Leasehold - Rental at location#1 of £16,722
Leasehold - Rental at location#2 of £18,700
Reason For Selling:
Our client wishes to fully retire.
Financial Details:
Turnover for the Year Ending 30 September 2022 was £489,906. Full financial information will be presented to seriously interested parties at the appropriate time.
Expansion potential:
Further expansion into the commercial side of the business, there are many businesses in and around both shop locations.
Location#1 has a large upstairs area that could be used as a tea room or for catered functions.
Location#1 has a large upstairs area that could be used as a tea room or for catered functions.
Rates:
Location#1 - £1,560 pa
Location#2 - £2,340 pa
Costs:
Each party will be responsible for their own costs associated with the transaction and will be subject to Business Partnership terms and conditions.
Fixtures and fittings:
The business is well fitted throughout at both locations and a valuable inventory of equipment is to be included in the sale price.
Financial Details
- Leasehold: £95,000 + SAV
- Turnover: £489,906 Annual
- Net profit: undisclosed
- Fixtures value: undisclosed
- Stock value: undisclosed