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Thursday, October 30, 2014

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Established Wholesale & Commercial Bakery

Well established wholesale and commercial bakery that specializes in gourmet cookies, muffins, scones. All products are handmade with wholesome ingredients for customers including coffee shops, schools, and hospitals. In addition to retail customers, the business also sells fund-raiser products to various schools, groups, and clubs. Located in Michigan, it serves much of Michigan and some surrounding states. The current owner has completed a one-year turnaround. The business is large enough where the owner does not perform any baking and can focus on sales and management. A confidentiality agreement must be signed and returned before further information is released to the prospective buyer.
Facilities: The facility is 4,000+/- sqft. total with 600 sqft. of office space, plus outbuilding on 2 acres. Rent is $2500/mo, option to purchase for $300,000. All equipment will remain in the business: ovens, mixers, racks, proofer, freezer, cooler, delivery vans, etc.
Competition: Competition does not measure up to quality, service, and name recognition.
Growth and Expansion: Business currently has approximately 200 wholesale accounts and 150 fund-raiser customers. It is operating at 50-60% capacity. Sales efforts have been effective in both business areas. New owners could implement a successful sales and marketing plan to fuel top-line growth.
Support/Training: Owner will provide all necessary support during transition
Reason Selling: Retirement, other business interests
Year Established: 1983
Employees: 16


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