Location: Greater Cincinnati
Listing Number: 29137
Financial Information
Asking Price: $300,000
Gross Revenues: $967,000
Cash Flow: $128,000
Real Estate: Leased space
Business Description
The retirement aged owner of this destination bakery takes much pride in his modern facility that produces a wide variety of baked goods that are sold daily on a retail and wholesale basis. Sales have been on an upswing the last 3 years due to growing reputation in their community. There are many more growth opportunities to increase sales with over $100,000 in equipment and inventory included in the sale.
The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:
SBA loan eligible
No debt in the company
No accounts receivable issues
All inventory included in the sale
Long term relationships with wholesale accounts
Clean book and records – all numbers are verifiable
Over $160,000 worth of equipment included in the sale