Business Overview

The business is a wholesale bakery of gluten free foods. Gluten free is a growing segment and the business is one of the few Gluten Free and allergy friendly bakeries with a diverse product line able to supply the wholesale marketplace. The business sells its gluten free staples to food distributors and big box grocery stores (42%), television marketing customers (11%), e-commerce clientele (15%), and independent retailers (32%). In addition to the wholesale business, the bakery has a store front to serve local customers in the metro Atlanta area.
• Niche company devoted and focused on gluten intolerance foods.
• The company has been a vendor for a big box grocery store chain since 2008 and is a private label supplier for several high-end bakeries in Georgia as well as two National high-end department stores.
• Products are distributed in Georgia, Alabama, North and South Carolina, Mississippi and Tennessee as well as nationwide throughout the United States thru e-commerce and television marketing sales.
• Products are superior in quality, texture, and flavor and are universally enjoyed outside of the gluten free community. The company’s most popular product (43% of sales) is also private labeled under a non-Gluten Free brand.
• Owner will continue to host for the bakery for the television marketing sales.
2021 Revenue as of August $691K

$250K in FFE plus Inventory at time of sale included.

Financial

  • Asking Price: N/A
  • Cash Flow: $214,000
  • Gross Revenue: $756,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2008

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:6,000
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The business facility is a 6,000 sq. ft. of commercial space with a small store front. The building contains an office, controlled storage for ingredients, 250 sq. ft. freezer, 80 sq. ft. cooler along with ample warehouse space. The lease rate is $5,400 per month.

Purpose For Selling:

Semi Retire

Additional Info

The business was started in 2008, making the business 14 years old.

The company has 6 employees and is situated in a building with approx. square footage of 6,000 sq ft.
The real estate is leased by the business for $5,400 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell operating businesses. Nevertheless, the real reason vs the one they say to you might be 2 completely different things. As an example, they may claim "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might just be reasons to attempt to hide the reality of transforming demographics, increased competitors, current decrease in earnings, or a range of various other factors. This is why it is really crucial that you not rely completely on a seller's word, yet instead, use the vendor's answer along with your overall due diligence. This will paint a much more practical picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of businesses take out loans with the purpose of covering things such as inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can suggest that profit margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that must be fulfilled or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area bring in new clients? Most times, businesses have repeat consumers, which form the core of their daily profits. Particular factors such as new competition sprouting up around the location, road building, as well as staff turn over can influence repeat customers and negatively influence future incomes. One vital thing to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the higher the opportunity to develop a returning consumer base. A final idea is the general location demographics. Is the business situated in a densely populated city, or is it located on the edge of town? How might the regional median family earnings impact future revenue potential?