Bakery Business Selling Cookies Breads Cakes Ice Cream In Danbury

Description

Bakery and ice cream shop for sale in a New England town.

The business has operated from the same location for approximately 58 years and has been under the current ownership for the past 27 years.

The bakery occupies approximately 2,050 sq. ft. plus a 500 sq. ft. basement and has seating for 28 customers.

Annual sales are approximately $443,000.

Products

• Cakes for birthdays and other occasions
• 11 varieties of bread
• Donuts, Danish, cookies and pastries
• Muffins, scones, bagels and rolls
• Croissants, crumb cakes and turnovers
• Coffee, tea, espresso and lattes
• 28 flavors of hard ice cream
• Gelato and milkshakes
• Pizza by the slice on selected days

The seller reports weekly production of approximately 40 to 50 cakes and about 350 loaves of bread.

The bakery is located in a shopping center near the post office, town offices, banks, gas stations and another shopping center across the street.

The seller reports that there are no other dedicated bakeries in town aside from bakery departments in two food stores.

Staff and payroll

• Owner works full time
• 1 full-time employee
• 3 part-time employees
• Average payroll: approximately $1,710 per week

Payroll represents approximately 20.7% of reported annual sales, excluding owner compensation and distributions.

The seller projects approximately $50,000 in Seller’s Discretionary Earnings under a new owner. This is a projection rather than historical SDE and will depend on the buyer’s operating structure.

The owner is preparing to retire and is willing to provide training, including instruction on existing recipes.

Seller financing may be available to a qualified buyer, subject to agreed terms.