Favoured Local Bakery in Edinburgh

Midlothian
REF: R07409

Asking Price:
£385,000
Annual Turnover:
£268,392
Annual Net Profit:
£66,000
REF: R07409
Photo of Favoured Local Bakery in Edinburgh
Photo of Favoured Local Bakery in Edinburgh
Photo of Favoured Local Bakery in Edinburgh

Overview

Tenure:
Freehold
Established:
1960
  • Excellent Reputation
  • Very Loyal Customer Base

The business for sale is a favoured local bakery situated in the bustling city of Edinburgh.

Serving the local area since 1968 and under current ownership since 1998, the business has grown a huge following of local customers, as well as forging strong ties to its wholesale clients.

Its freshly baked goods sold at affordable prices, in combination with its friendly, welcoming customer service are the key attributes which keep customers returning on a daily basis, in turn leading to the bakery’s excellent financial profile.

After owning this bakery for many years and making it the success that it is today, the current owner is now looking to pass the business on to a dedicated owner due to their imminent retirement.

Offering a variety of baked goods including morning rolls, pies, cakes and other items, the bakery has built up a base of loyal customers and a superb reputation within the local communities of Leith and surrounding areas. Having also recently released vegan options, the bakery now appeals to an even wider cross-section of the public and has the ability to rival large chain bakeries who have a similar offering. The bakery is also fortunate enough to have strengthened wholesale relations over the years and supplies these customers on a daily basis.

With a Facebook page which possesses over 700 followers and showcases countless reviews which speak highly of the bakery’s products and customer service, the business is well-marketed to an online audience. It has also featured in the online publication Edinburgh Live, referred to as the ‘Legendary Leith Walk bakery’, showing just how renowned the bakery is.

This is an excellent opportunity to acquire a business which has a varied offering, loyal consumers and wholesale customers and a busy location. Its financial accounts evidence the profitability of the business and its operational costs over the years, providing a new owner with ideal foundations for future growth.
Perfect for a current bakery owner-operator or someone looking for a fast-paced lifestyle business, a new owner would be able to develop the business with ease.
With great potential to expand within Edinburgh and the surrounding areas through both retail to individuals and wholesale customers, its offering could be grown to included more vegan, vegetarian and gluten-free options to appeal to the masses. The bakery is also in possession of a late licence, meaning it could effectively stay open for longer in order to benefit from later trade.
The existing owner is happy to discuss a transitional period upon sale to provide the new proprietor with a complete handover.

Location

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  • High Street Location
  • High Footfall
  • On-Site Car Parking
  • Good Transport Links

Property

Rates
TBC
Accommodation Included
No
Freehold Property Value
£130,000
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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