Traditional Wholesale Craft Bakery In Home Counties For Sale

Business description

Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of a traditional wholesale bakery serving retail outlets across the Home Counties and East Anglia.

Key strengths:

The business has the following key attributes:

• Traditional wholesale craft bakery specialising in cakes, slices, biscuits and confectionery products
• Well known local brand
• Almost 25 years of successful trading
• Range of approximately 80 different products
• Specialist in servicing the special dietary requirements marketplace
• Handmade produce from quality, locally sourced ingredients using long established recipes
• Loyal customer base of approximately fifty retail and catering outlets
• Highly skilled, loyal, trained and experienced staff

The business provides an acquirer with:

• a significant foothold in the wholesale bakery industry or an excellent bolt-on opportunity for an existing operator
• an operation with significant growth potential.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Tony Bell at Turner Butler.

Financial profile:

For the financial year ending March 2011, the business achieved a turnover of almost £400,000, generating a gross profit slightly in excess of £270,000 and a pre-tax net operating profit of approximately £57,000.

In the first seven months of trading in the current financial year, turnover is up over 7%, gross margins are up over 5% and operating profit is up a very impressive 55%, compared to the same period in 2011, a trend that is set to continue.

The Asking Price of £175,000 is for a sale of the assets and goodwill in the business to include the plant and equipment and stock conservatively valued in the region of £35,000 - £40,000.

Property information

Location:

Northern Home Counties