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Commercial Bakery with Gluten-Free Options in Essex For Sale

Undisclosed, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    11/01/24

  • Advert ID

    604879

  • Reference

    B07759 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £575,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well Established Commercial Bakery For Sale

Business
Please quote reference B07059

CoGoGo are happy to bring to the market a highly rated commercial bakery business in Essex. 

The business was first established by our clients in 2011, building up an excellent reputation and regular customer base. 

It has now come to the open market due to our clients wish to concentrate on other business interests. 

This well established commercial bakery specialises in freshly baked, affordable and high quality breads. They also offer gluten intollerant options like their sourdoughs or GI loaves.

They also provide a wholesale service to business and restaurant. 

They have over 500 customers and 160 to 200 drops a day. 

Key selling points -

  • A well established business with an enviable reputation and many existing customers
  • Current owner happy to offer a handover to ensure the continued success of the business
  • Ideal bolt on to an existing bakery business looking for a foothold in Essex
  • A real opportunity to increase turnover and profits significantly, current owners have been running at a pace to suit due to their other business interests
Scope for further growth -

  • Introduce advertising and marketing campaigns
  • Maximise the use of social media
  • Employ a sales manager to canvas for new wholesale clients
  • Update the company website


Location
This Commercial Bakery is located in Essex. 



Premises
The business occupies generous premises ideally suited to the trade and is fully equipped. 

All the fixtures, fittings and equipment used in the business is included in the sale. 

The business can easily be relocated to another unit by the new buyer if required. 



Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £2,500 per month. 



Hours
The operates 24/7 with the following structure -

Bakers start 1:00pm and finish before 9:00pm

Packers starts at 7:00pm till 2:00am

Drivers starts 2:00am - 3:00am and finish 10:00am - 11:00am

Office staff start 8:00am and finish at 4:00pm



Staff
We are advised that the business is run and managed by our clients, with the help of 14 staff members. 



Financial Profile
Financials can be made available upon request. 



Read more

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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