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Milwaukee, Milwaukee County, Wisconsin
Historical European Bakery - RE Included
Asking Price
$1,500,000
Revenue
$646,843
Down
Call/Email
Cash Flow
$251,828
Description
This robust business enjoyed increased sales during COVID, and continues to expand with impressive year over year growth - proof that its long existence in its original building is a staple of the community. Talented staff take responsibility for the brand, sales, and daily operations, with the owner focusing on general oversight, community involvement, and growth initiatives. The Seller has created a business that distinguishes itself with its uniquely high level of service, superior bakery products, turning casual and curious customers into life-long devotees.
The Seller also has another business where she wants to shift her focus, and so she is looking for the right buyer to take what she has built and grow it to the next level. Confidentiality is a concern for the Seller as she seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.
NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: Seller owns the location, and the real estate is included as part of the sale. Included in the historical walking tour, this 2,772 sf building houses the retail bakery, production and storage facilities, as well as office space. The bakery is in an easily accessible area with street visibility, signage, and plenty of parking. There is also a 660 sf detached garage which can house 3 cars and/or additional storage.
Competition: There is no competition to this bakery, as it’s a go- to destination for locals and domestic and international visitors. The offering of unique, high quality, hard to find, European specialties, continues to drive it’s popularity and customer loyalty.
Growth & Expansion: Add additional distribution options to include mail order subscription boxes, custom delivery crates, attendance at fairs, regional and local community events, along with food trucks and expanded wholesale. A Company that is already in this space has an excellent opportunity to combine capabilities and streamline operations to grow both top line and bottom-line earnings.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling: Other business interests.
Posting Information
Posting ID:
287514
Business Category:
Restaurants & Food, Retail
Business Types:
Bakery
Cookie Store
Keywords:
Milwaukee, Milwaukee county, wisconsin, cookie, european, bakery, fast food
Attributes:
Broker Cooperation
Financial Assistance
Owner/Seller Financing
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Historical European Bakery - RE Included
Posting ID
#287514
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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