Distributor Bakery

Business Listings

Listing #1:

Large Convenient Store Wholesale Distributor

Wholesale Distributor

Large Convenient Store Wholesale Distributor

***Pre-Qualified for SBA Loan 7A Program!

Customer & Product Focus:

-Convenient Stores, Gas Stations, Liquor Stores, Restaurants

-Tobacco Food, Beverage and Novelty sales focus

Key Strengths:

-Consistently profitable, high volume business with tremendous upside potential for growth.

-Direct Buy Agreements in place with four major cigar manufacturers

-State of Ohio Cigarette Stamping License since 2001

Age of Business:  22 years

Annual Sales: $14.0 Million

Average Seller’s Discretionary Earnings (3 Yr Ave.)  $847,000

On Hand Inventory:  Varies between $950,000-$1,150,000*

Facility + Furniture Fixtures & Equipment:  $600,000*

*Included in Asking Price

Facilities:

– 22,000 Sq ft. of Office, showroom & warehouse space, with 20 parking spaces

– Centrally located to Downtown Cincinnati, within minutes of I-71, I-75, I-74 and Ronald Reagan Cross County Highway

Sell Price:  $4.9 Million

Reason for selling:  Owners are Retiring

Financing Available:  Partial/Negotiable

Broker: Mike Lohbeck, CBI

Phone:  513-200-0247

Email: Mike@MGLBusinesssolutions.com

================================================

Listing #2:

SBA Loan 7a Approved!

High End Retail & Commercial Bakery Shop

Highly Profitable “Turn Key” Business Opportunity –

Age of Business:  84 Years

Key Strengths and Product Focus:

-Consistently profitable, high volume business with tremendous upside potential for even more growth.

-Cincinnati’s Finest Wedding & Specialty Cake, Doughnuts, Pastries, Breads, Buns, Pies & Cookies.

-Deliveries to solid list of commercial accounts

-Turnkey Operation with Excellent Location

Sale Price:  $879,000 for Business + $400,000 for Real Estate

                       -Pre-Qualified for SBA 7a Financing-

Annual Sales:   $1.2 Million  (7 Yr. Average = $1,072,000/Yr)

Average Seller’s Discretionary Earnings (7 Yr Ave.)  $266,240

On Hand Inventory:  $42,000*  (includes Raw Materials of $30,000 + WIP Inventory of $12,000)

Furniture Fixtures & Equipment:  $460,000*

*Included in sell Price

Facilities: $400,000* (Available for sale or lease – See Note above)

*Included in sell price

– 5,300 Sq ft. of retail and baking area, with 36 parking spaces

– Facilities available for lease or sale (Not included in the bakery sale)

– Located just 10 miles from Downtown Cincinnati (Easy access to 2 major highways)

– Accessible to virtually anywhere within the I-275 Loop within 20-30 minutes

Breakdown of $1,279,000 Sell Price –

Real Estate:  $400,000

F, F & E:  $460,000

Inventory:  $42,000

Goodwill:  $377,000

Compelling Reason for selling:  Owners are Retiring

Financing Available:  Pre-Qualified for SBA 7a Loan Program

Mike Lohbeck, CBI

Cell:  513-200-0247

Mike@MGLBusinesssolutions.com

=====================================

 

 

 

 

Be Sociable, Share!