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Commercial Bakery In Connecticut For Sale

Connecticut
Asking Price:
$175,000 (USD)
Sales Revenue:
$640,000 (USD)
Cash Flow:
$180,000 (USD)

Commercial Bakery & USDA Approved Food Manuf. This is a very unique opportunity to buy an existing business with several revenue streams and great upside by adding further distribution of existing, proven products and adding additional lines. The business was originally a commercial bakery established in 2009. That business has grown with the addition of food manufacturing since the owners were able to obtain a USDA license for meat and poultry production in 2016. They are also an FDA approved premises. In the past year the business grossed approx. $640,000.00 with a cash flow of approx. $180,000.00. The owners must sell due to an urgent situation overseas. For the asking price, you are purchasing several existing products and revenue streams that have been proven. The cash flow, goodwill, trademarks, recipes, licenses and equipment are all included in the sale. Equipment alone is worth over $175K. The business occupies a 3,500 sq feet space with a high pressure gas line and an electrical supply of 200 amp at 208 volts and 100 amps at 480 volts. The site is currently leased at a rent of only $1,886/mth. The equipment is in good working order and a detailed list is available. The main items are 2 spiral mixers, one is less than a year old, a new ribbon mixer, two rack ovens and a three deck Pavailler oven with a new steam generator, two 140 qt Hobart mixers, AM divider/ rounder and a Rondo Sheeter. Even better, the owner has successfully built a multi million dollar business in a similar space previously. His knowledge base is invaluable. This business is a great add-on to an existing commercial food production business or wholesaler. We are seeking a serious and financially qualified buyer with at least $375K in liquid funds to cover the asking price and inventory. To learn more, please call or email Mel Vaz today. All meetings must be made by appointment only. Please do not speak with anyone when visiting the location.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Urgent overseas situation.

Employees:
5

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

350,000.00 Down & Negotiable.

Furniture / Fixtures value:
$176,000 (USD)
Inventory / Stock value:
$6,000 (USD)

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