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Turn Key Commercial/Retail Bakery For Sale 3N896

Chicago Northwest Suburbs, Illinois, United States
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Asking Price$200,000
Revenue$566,937 Established1954
Cash Flow$91,438 Employees4 full, 8 part
FF&E$150,000 FranchiseNo
Inventory$13,000* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
SBA Pre-Approved for Qualified Buyer
Consistently Profitable Operation -  This bakery is steeped in tradition.  Built on traditional recipes brought to America by the family from Europe, they have been updating and creating fine baked goods since 1954. Loving what they do; shows through in the quality of the products which translates to high repeat customers.  The company takes no shortcuts making cakes for all occasions, cookies, kringles and donuts for people on the go as well as special orders for local businesses and institutions. Approximately 10% of their sales are wholesale.  The baking and decorating staff is professionally trained at some of the best baking schools and programs in the U.S. having won numerous awards over the years.  The founder was proud of being honored as one of the first groups recognized as Master Bakers in the United States.  As a retail and custom operation, nearly all of the company‚Äôs sales are cash in advance and at time of delivery; receivables are limited to approximately 5% of revenue with 30 day terms.  They have adjusted to changing trends by offering gluten free products.  They own their building and the furniture fixtures and equipment are appropriately sized yet there is additional capacity by simply adding another shift.  They draw customers from throughout the Northwest suburbs of Chicago.  The seller offer owner financing, will transition effectively and is willing to work for the new
Seller Financing:SBA Financing Available for Qualified Buyer
Sale Reason:Retirement
Ad #66654
Seller Reference #3N896
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Domenic Rinaldi
Sun Acquisitions
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