Long-Established and Reputable Bakery Wholesaler in Hertfordshire

Hitchin, Hertfordshire
REF: R06061

Asking Price:
£26,000
Annual Turnover:
£121,048
Annual Net Profit:
£20,526
REF: R06061

Overview

Tenure:
Leasehold
Established:
1898
  • Long-established
  • Operates from fully-equipped industrial unit
  • Loyal customer base
  • Supplier to various commercial clients
  • Huge scope for growth

For sale is a traditional and deep-rooted bakery based in Hertfordshire; the brand has captured the community since 1939.

The business offers a wide range of wholesale baked goods including but not limited to: soft rolls, bread buns, breadsticks and cakes. Catering for bulk orders such as summer fetes, BBQs, weddings and a whole host of other special occasions, items are produced the evening prior to the delivery and is baked by two bakers. The products are then delivered early that morning by two efficient delivery drivers.

Trading 6 days a week, the business supplies a large range of commercial and independent businesses, including pubs, schools, convenience stores, tea rooms and sandwich outlets. The business also caters for bulk orders such as summer fetes, BBQs, weddings and a whole host of other special occasions. The company currently has 45-50 loyal, regular and active contracts.

The business operates from a fully equipped industrial unit on a busy industrial estate within close proximity of the town centre of Hitchin. The large unit of 1000sq. ft. is spacious and enables the business to run to its full potential. The unit briefly comprises of a spacious prep area, a walk-in freezer, a staff toilet and changing room. There are also stairs leading to a storage area.

There is access to the rear and space to park multiple vehicles to the front. The business is run by two bakers (including the owner) and two delivery drivers.

All equipment is included within the sale, a full list of which is available upon request.

This profitable platform would be equally ideal for a first-time buyer or an experienced baker looking to effectively manage a growing business and nurture it to fulfil its potential.

There are a number of approaches a new buyer could take to develop the business further. Expanding the bakery menu to cater to a larger customer base could drive up revenue through developing its confectionery range so customers have a further choice. Additionally, by increasing the amount of staff etc, the company would be able to expand its workload and indeed supply a higher number of businesses.

The current owner is also willing to stay on for a transitional period if needed to help with operations.

Loading...
  • Busy industrial estate
  • Good transport links
  • Close to A1M
  • Fully equipped
  • Easily accessible
Rent
£7,206
Rates
TBC
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
D 76-100

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

Refine

Miles
£
£
£
£