Description

Profitable 30-year-old wholesale bread manufacturer / distributor with a gross income of $1,235,000, a yearly net income of $201,000 and services hundreds of retail customers throughout Central and Northern New Jersey. The company has been baking some of New Jersey's finest breads since 1985, the bakery is very well known, and has been recognized for its quality products numerous times over the past many years. This wholesale bakery continues to be a highly efficient and profitable company which has daily delivers to its various New Jersey customers. The company bakes a wide variety of specialty breads for wholesale accounts and they make everything from bagels to gourmet hamburger buns and dinner rolls. Breads are freshly baked all day long, and they have multiple delivery times daily, 365 days per year. They serve many notable restaurants and specialty food stores throughout Northern New Jersey. The company offers the best ingredients possible which often contain no additives or preservatives, and many contain no fat. When oil or butter is added to their bread dough, it is all-natural, and used sparingly. Every day they make different doughs, then form each into a variety of shapes and sizes and their signature products, is an excellent example of their uniquely flavored and textured breads. Their delicious breads are available wholesale in a large variety of shapes and sizes. Bread continues to be in high demand, is the first food you serve your guests and creates their first impression of the meal to come. Their customers are aware it is important to serve bread equal in quality, flavor and beauty to the food you prepare. Their breads are a worthy beginning to any meal and perfectly set the stage for your creations. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. This industry does not require any government agency to own or operate. The retail facility consists of a 3,000 square feet commercial rental with separate areas for preparation, baking and storage. The business is in a free standing building with loading dock's to appropriately service its daily deliveries. This business opportunity is located in Northern New Jersey, Middlesex County, nearby to various highways for convenient customer deliveries. Central and Northern New Jersey consists of a substantial number of retail businesses that require this particular food product. This business presently has nine employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $30,000. This transaction includes an assignable commercial lease which expires 2026-01-01 plus additional options, with a monthly rent of $3,600 and rent security $3,600. The company is located in a free standing facility which consists of approximately 3,000 square feet and has no retail presence.

Posted Aug 16, 2016

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