$1,630,000

Bakery with Real Estate

Illinois/Chicago
Financials
  • Price: $1,630,000
  • Gross Income: $750,000
  • Cash Flow: $250,000
  • FFE: $500,000
  • Inventory: $20,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #C195
  • Year Established: 1996
  • Financing:
  • Training:
  • Facilities: 7000 sq ft.
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Full Service Booming Independent Northshore Bakery with Real Estate Three generations of European and American baking expertise have gone into making this booming north suburban bakery a favorite for retail customers and wholesale accounts. Located in a busy retail district, yet not far from an expressway cloverleaf, this bakery undoubtedly owes part of its continuing growth to being in the middle of its affluent customer base. Nearby businesses have probably noticed the same thing, since real estate in this area rarely becomes available. Nevertheless, while the location is terrific, it's undoubtedly the high-quality products which distinguish this firm from its competition. Major local institutions now use this firm as their primary source for baked goods because of its excellent products and top-notch service; this wholesale business has been building steadily, and reinforces an already strong and profitable walk-in business. This business would likely be more suitable for an owner-operator rather than a passive investor. Sales: $750,000.00 Ff&e: $500,000 (Included in Purchase Price) Inventory: $20,000 (Included in Purchase Price) Sellers Discretionary Cash Flow: $250,000 Asking: $1,630,000.00 Disclaimer: The information above was furnished by the seller. Neither Sunbelt of Will and Kendall Counties nor its agents has verified the information and makes no representations as to its accuracy or reliability. For more information, click the Contact Seller link below.

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Business Listed By

Dana J. Frazier 641 N. La Grange Rd., Illinois, Frankfort