Listing Number: 6953-743518
Description
Heritage bakery with multi-site retail locations. Catering to individual, wholesale and corporate customers.
The company is a long term community brand serving Tulsa clients for many years. Its stable and loyal employee base provides a strong competitive advantage in this tight labor market.
Of important notice is the ability to service both high end customers with custom orders, while also providing quality retail bakery products greatly appreciated by the public at large.
Seller is looking to retire after running the family business for many years, leaving behind a strong legacy of affordable quality.
Ideal buyer is an existing industry operator that would add strategic development value to the current setup. With additional specialized operations knowledge and marketing prowess, this company has the capacity for strong growth for years to come.
Summary of Key Points:
-Custom orders and high-volume production. Ability to scratch produce custom orders and high-volume bakery goods simultaneously
-Stable employee base with 50+ loyal and long-term hires
-Three retail stores in addition to a 14,000 sq. ft. baking facility for production & distribution
-Growing and improving profitability
-Large regional access
-Well-known community asset with robust market share and reputational value and an diverse array of products including cakes, cookies, donuts, etc.
-Strong residual capacity in both the retail and bakery areas
Listing Details
- Price: $850,000
- Down Payment: $500,000
- Sellers Discretionary Earnings: $197,166
- Total Sales: $3,605,283
- Location: Tulsa County, Oklahoma
- Inventory: $40,000
- FF&E: $187,000
- Employees: 52
- Reason for Selling: Retirement
- Category: Food Business Retail
