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Well-Established Wholesale and Retail Bakery Operation

Well-Established Wholesale and Retail Bakery Operation

Location:

Lake County, Illinois

Listing ID#:

3N1138

This company, established in 1989, is a long-standing, premier family bakery operation that serves both retail and wholesale customers. They specialize in providing ready-to-buy cakes and quality custom cakes for all celebrations. They also offer many other bakery items including: cookies, cupcakes, donuts, pastries and many more. The company has two retail locations that offers pre-packaged products and counter service to walk in customers. Custom orders for any bakery items are taken from either retail location, a call center or the company website.

The company produces all bakery offerings within their 40,000 sq. ft. state-of-the-art facility with company owned equipment by a full team of experienced bakers and decorators. The real estate price ($2,300,000) is included in the price of the business, as the real estate must be purchased with the business. In addition, there is a management team in place to run day to day operations. Through the success of the company, they have created exclusive relationships with commercial customers and developed a fantastic reputation within the industry. 2021 year-end financials are projected to meet 2019 adjusted EBITDA number. The company presents strong opportunities for continued growth into the future.

Established In

1989

Real Estate Included

Yes

Franchise

No

Inventory Included

Yes

Industry

Bakery Wholesale

Reason For Selling

Retirement

Full-Time Employees

29

Part-Time Employees

11

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Domenic Rinaldi

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