Business for Sale in Devon WHOLESALE/ARTISAN BAKERY PRODUCTION & RETAIL/COFFEE SHOP/CAFÉ OUTLETS

Leasehold Price £360,000

Key Information

Reference
MF35983N
Tenure
Leasehold
Status
For Sale
Region
Devon
Sector
Food & Drink Manufacturing Companies
Annual Sales
£2,304,456.00 Exc. VAT
Accommodation
No

Business Information

Renowned ARTISAN BAKERS & RETAIL/COFFEE SHOP/CAFE CHAIN based and operating within the SOUTH WEST, with several stores throughout the region comprising popular market and seaside town locations. Benefiting from own central manufacturing/production facilities, some 99% of product lines produced in house, not reliant on third parties, delivering to their own prime positioned outlets with a small amount of wholesale trade.

A 50+ year established High Street brand, all outlets portraying a professional corporate image and adopting a successful business model, offering food to go and other artisan bakery lines to eat in or takeaway. Huge equipment inventory across the stores, and particularly the factory production premises with modern bakery equipment, commanding a substantial replacement cost estimated in the region of £1 million.

Efficiently managed business lending itself to further development, considerable scope to increase production, open new additional outlets and/or increase wholesale trade. Sales 2023 £2,304,456 ex Vat, Gross Profit £1,809,802 (79%), substantial 6 figure EBITDA enabling business to be managed and new owners to work on the development of the business.

Leasehold Company Share Sale £360,000 for the share capital +/- Net Current Assets. Ref: MF35983N

MF35983N : Confidential Sale

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