Well-Established Bakery in Edinburgh

Edinburgh, Midlothian
REF: 04502

Asking Price:
£260,000
Annual Turnover:
£120,000
Annual Net Profit:
£30,000
Recently Sold
REF: 04502
Photo of Well-Established Bakery in Edinburgh
Photo of Well-Established Bakery in Edinburgh
Photo of Well-Established Bakery in Edinburgh
Photo of Well-Established Bakery in Edinburgh

Overview

Tenure:
Freehold
Established:
1983
  • Excellent Reputation
  • Spacious Premises
  • Huge growth potential

This is an excellent opportunity to acquire the freehold of a long-established business that sells a wide range of fresh bakery items.
The business enjoys a prime location on a busy high street, a great reputation and a loyal customer base. There is now plenty of scope for a new owner to grow the business by undertaking marketing activities and supplying local hospitality businesses.
The premises benefit from large upstairs space, which could be turned into living accommodation, subject to any relevant permissions.

The business trades as a bakery, offering a range of breads, rolls, pies, pastries, scones and cakes, etc. All items are made onsite.
Customers enter the extremely clean premises via the front door at street level. The premises are quite dated in appearance, offering the new owner a chance to give the business a revamp.
Internally, the premises comprise a shop-floor area with two large serving counters. To the rear, there are two prep rooms, which feature an array of commercial equipment, including ovens, blenders and mixers. In addition, there are refrigerators, sinks, large trolleys for stacking pies, and plenty of counter space. All equipment is included with the sale, so the new owner can be up and running from day one. There is also a large empty room above the premises, which offers development potential, and an additional storage area.
The current owner does not actively market the business, relying instead on the large customer base and passing trade. Turnover is in the region of £600,000.

Intelligent Business Transfer is pleased to offer the freehold of this very well-established bakery that enjoys a loyal customer base, some of whom have been visiting the business for 30 years.
Trading since 1987, the current owner has built up a family-run business that offers great service and a wide range of fresh bakery items. The business further enjoys an enviable location on a busy main street a short distance from Edinburgh city centre.
As the current owner relies on the customer base and passing trade to generate income, opportunities for the new owner to further develop the business include establishing an online presence through a website and social media platforms.

There may also be options to supply other businesses, such as the many restaurants and cafés in Edinburgh and surrounding area.

The new owner may also wish to refurbish and/or renovate the premises, which offer scope to convert the room above the property into residential accommodation. This could offer additional rental income or living space for the new owner, subject to any relevant permissions.
Overall, this represents a great chance for an experienced baker, or bakery business looking to expand, to acquire this long-established freehold operation. All serious offers will be considered. Please note that the business is not currently trading, due to the current owner’s ill health.
Intelligent Business Transfer has been requested to find a suitable buyer.

Location

Property

Rates
TBC
Accommodation Included
TBC
Freehold Property Value
TBC
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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