Top-Rated French Bakery in Southwark London - Diverse Revenue, Great Growth Potential
Southwark, London
- Status
FOR SALE
- Date Submitted:
13/04/24
- Advert ID
609759
- Asking Price: Price on Application
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Free of Tie Leasehold
- Company for Sale
- Adjacent to Multiple Retailers
- Attractive Business
- Fully Fitted
- With Car Park
- Small Business
- Prime Location
- Close to Local Amenities
- Accounts Available
Business Details
Top Rated London French Bakery with Diverse Revenue Streams and Significant Growth Opportunities
BUSINESS SUMMARY
Bread and Macaroon Ltd., formerly known as Bread à Manger, is a London-based bakery established in 2020. Recognised for its artisanal tarts, cakes, and birthday cakes, the business combines traditional baking methods with premium British ingredients. The bakery prospers in retail and wholesale distribution, renowned for its high-quality products and strong community ties.
UNIQUE SELLING PROPOSITION
- Exclusive Recipes: Proprietary recipes for tarts, cakes and buns, central to the brand's uniqueness and appeal.
- Quality and Freshness: Dedication to freshness with scratch-made products daily.
- Customer Loyalty: Dedicated and loyal customer base enhancing market presence and supporting steady growth.
- Community Connection: Strong presence in London Farmers' Markets, valued for unique products and active community engagement.
- Customisation and Accessibility: Specialises in customisable cakes for special occasions, well-known for birthday cakes, available for pickup or delivery across London.
BUSINESS OPERATIONS
- Physical and Online Presence: Operates a physical shop/bakery with production in South London, complemented by a robust online ordering system supporting website orders, and partnerships with Uber Eats and Deliveroo. A new website has been built and is ready to be launched.
- Market Presence: Active in multiple high-profile markets across London, including South Kensington, Marylebone, Queens Park, High Street Kensington, Wandsworth, Blackheath, Tower Bridge, Imperial College, Bloomsbury, Islington, Wapping, and Canada Water.
- Workshops and Training: Offers baking classes/workshops, enhancing brand engagement and customer interaction. Classes and workshops can be booked via the Wecandoo platform or directly at trading locations with on-site staff members.
- Wholesale Presence: Sells through the Rekki online platform and directly to businesses such as pubs, universities, and schools.
- Fully Equipped: In addition to the main operations, all necessary bakery equipment is included and available upon request, ensuring a seamless transition for the new owner.
MARKET PRESENCE AND EXPANSION POTENTIAL
- Diverse Product Range: Fine bakery goods with unique recipes such as tarts, cakes, buns and savoury options, etc.
- Resilience During COVID: Expanded online operations across London despite the pandemic, showing resilience and market demand.
- Expansion Possibilities: Potential to increase market stall presence and enhance the retail footprint with a Southwark trading license that could add up to 10 extra market locations.
- Wholesale Opportunities: Significant potential for growth in wholesale, particularly in expanding delivery zones up to M25 and office catering. Currently limited to zones 1 and 2, but can easily grow by 80% due to strong customer demand for expansion.
STAFF AND MANAGEMENT
- Skilled Team: Comprises 11 members of staff, all self-employed. (Part-time and full-time)
- 3 staff for productions
- 1 part-time driver (for markets’ set ups)
- 7 part-time workers (retailers and market stalls)
All have been trained to do tartes dressing.
FINANCIAL AND LEGAL
- Reason for Sale: Due to health issues since 2023, the owner who is unable to fully operate his business is seeking a buyer to take over and expand the thriving business.
- Lease Information: Favourable rental terms with no current lease obligations. The landlord offers goodwill for a 12-year rental period.
- Monthly Rent: £1,300 per month.
- Financial Disclosure: Financial performance information available upon request.
RECOGNITION AND ACHIEVEMENTS
- Top Industry Recognition: Ranked among the top 10 artisanal bakeries in 2021-2022 by "Secret London" magazine.
- Educational Initiatives and Community Engagement: Launched baking classes in 2023 to share fine baking knowledge, enhancing customer experience and service diversity.
INVESTMENT HIGHLIGHTS
- Turnkey Business: Sale includes unique recipes and operational setup, ready for immediate takeover.
- Broad Market Reach: Operating from a key location in London, with an established reputation and widespread recognition, Bread and Macaroon continues to cultivate a legacy of taste and trust among its clientele.
- Significant Growth Potential: Opportunities to significantly increase wholesale operations and market participation.
CONTACT INFORMATION
For more details on the sale and to discuss pricing, please contact the owner at: [email protected].
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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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