October 31, 2014
FOR IMMEDIATE RELEASE
Attention: Chicagoland Sunbelt is engaged to sell 60 yr old Retail Bakery
Contact: Suzanne Pounds, Office Manager
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Email: [email protected]
Fred Stephenson, Senior Broker, Engaged to sell 60 year old north suburban retail bakery
Chicagoland Sunbelt (www.chicagolandsunbelt.com) announces that Fred Stephenson, Senior Broker, has been engaged to sell a 60 year old retail bakery. Chicagoland Sunbelt will manage this entire engagement and advise on deal structures to ensure a successful transaction. Engaging an intermediary in the sale of a business assures business owners that they will get the best pricing and terms, the transaction will remain confidential, and most importantly, give the business owner the freedom to concentrate on their business.
The bakery industry is a $39B industry in the US. Like many others, this industry suffered during the recession. However, the industry revenue has grown almost each year since 2008 and is projected to continue growing as consumers gain discretionary income and the economy improves.
This business was pre-qualified by a preferred SBA lender. This bakery is steeped in tradition and built on traditional recipes brought to America by the family from Europe in 1954.The founder was proud of being honored as one of the first groups recognized as Master Bakers in the United States. 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 far and wide who enjoy the baked goods coming from this Chicago treasure.
If you have any interest in learning more about this acquisition opportunity please contact Fred Stephenson at 773-243-1603 x236 or [email protected].
About Fred Stephenson
Fred’s distinguished career as a banker, entrepreneur, and merchant trader provides him with a unique perspective and practical deal making skills that serves him well in his role as a business broker. Fred’s experiences have allowed him to gain insight to a wide spectrum of businesses and to develop the skills necessary to successfully transition business ownership. A disciple of management by objective and cash flow lending principles, Fred understands what makes the privately held concern viable over the long run, the pitfalls to be avoided and the true worth of a business.
Fred graduated from Purdue University in 1980. Fred studied economics with a focus on agriculture and business management.
About Sunbelt Business Brokers
Chicagoland Sunbelt specializes in the confidential sale of privately held businesses. Our team of professionals, many of whom are former business owners, have helped thousands of buyers and sellers successfully complete transactions. www.chicagolandsunbelt.com
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