Description of the business for sale
This listing is for an established bakery located in the southeast Chicago suburbs that is available to a qualified buyer. This full-service, 154 year old bakery specializes in bread, cakes, sweet rolls and donuts. Primarily, most of their revenues are derived from retail sales (about 80%). However, they also do wholesale and that makes up the remaining 20% of their revenues. Currently, they're seeing growth in the wholesale aspect of the business; a new owner could increase revenues further through this avenue. Also included in the sale is a 2,000 sq. ft. 3-bedroom/2-bathroom house which also acts as the basis for the business. Currently, this business is seeing steady growth in their revenues and all the assets are in place and are to be transferred with the sale of the business. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone or by e-mail.
Support / Training provided by seller
Owner will train the buyer for 4 weeks at no cost.
Description of the facilities
Assets to be tranferred with the sale of the business:
Accounts Receivable: $14,500
Inventory: $15,400
FF&E: $308,000
Leasholds: $44,000
Real Estate: $295,000
Vehicles: $12,000
Total Assets: $688,900