Niche Rhode Island Bakery For Sale
Pre-Approved Reviewed by SBA-Preferred Lender
Listing Number: 1675
Asking Price: $895,000 (includes asset and inventory valued at $225,000!)
2020 Revenue: $1,365,000
2020 Cash Flow: $257,000
This niche bakery continues to redefine perfection of their artisanal products and customer experience! No culinary background necessary. If you are an entrepreneur looking to take a successful business to the next level, this is a great opportunity to exploit one or more growth opportunities!
Ideally located in an urban New England location with high foot traffic, numerous universities and more, the owner of this turn-key bakery turned over day-to-day supervision to a management team beginning in 2019* (impact on Owner’s Cash Flow below).
This unique bakery has strong brand awareness thanks to a variety of cobranding and marketing efforts. Customers come from near and far. Events are now booking out 2 years! Financials in light of COVID-19 including a period of mandated closure are very impressive!
Growth & Expansion:
- Leverage the brand to open additional locations, distribute products through select stores or establish a franchise.
- Continue to expand event offerings and customer experiences which are higher margin revenue streams versus traditional retail.
Support & Training: The seller will provide training and support as necessary.