Bakery, Wayne County, Asking $549,999

Over a Million in Gross Revenues, Real Estate is also available!

High Volume BAKERY!!!
Wayne County, MI
Seller Financing Available

Asking Price: $549,999
Cash Flow: N/A
Gross Revenue: $1,000,788
FF&E: $250,000
Inventory: $20,000*
Real Estate: $950,000*
Established: N/A
*not included in asking price.

Business Description

Great Bakery in Wayne County! Real Estate available!

This business has been in business since the middle of 1950's and is PANDEMIC PROOF!! Sales increased for 2020! Family owned from start date until today!! Great assortment of baked goods, specializing in shortbread cookies and kolaches, pastries breads and pies!!

Real Estate is available for $950,000 and includes two buildings.
Continuous returning customers within the community!!

Location has a fantastic 4.6 STAR GOOGLE REVIEWS!!!

Detailed Information

Location: Wayne County, MI
Inventory: Not included in asking price
Real Estate: Owned - Not included in asking price
Building SF: 4,200
Employees: 8FT/7PT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: This is a stand alone building that offers 4,200 square feet. This business is available without the real estate at $550,000. Real Estate Price is $950,000.00 which includes two buildings.
Competition: This Bakery has lasted for over 70 years! What competition?
Growth & Expansion: New owner could do more marketing and establish an online presence. They could also market to get more wholesale accounts.
Financing: For Business ONLY $250,000 DP - Amortized over 84 Months @ 6.5%
Support & Training: Seller will be available for 30 days of training to insure a smooth transition.
Reason for Selling: Retirement

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