Profitable Bakery in Bury St Edmunds Suffolk with Expansion Potential and Assets For Sale
Bury St Edmunds, Suffolk
- Status
FOR SALE
- Advert ID
613981
- Freehold: £99,000 (Stock at valuation)
- Turnover: £155,000 (£2,981 per week)
- Net Profit: £65,000 (42% Profit margin)
Key Features
- Accounts Available
- Established Business
- Small Business
- Attractive Business
- Fully Fitted
Business Details
Well established and profitable bakery with room for expansion
Our well-established wholesale bakery has been operating successfully for 20 years. During this period, we have amassed a significant number of wholesale customers, including school contracts, whom we serve on a daily basis. Due to our consistent and reliable offerings, we have managed to create a profitable business model from our hard work.
The bakery is strategically located in the town center of Bury St Edmunds in Suffolk. The current freehold price stands at £99,000 and we have managed to generate a favorable turnover of £155,000. Our profit margin amounts to £65,000 annually, demonstrating the business's growth potential. We are open to negotiations on the asking price; therefore, interested buyers can approach us for a discussion.
Our operations take place in a medium-sized unit based in Bury St Edmunds, which is available on lease with the remaining tenure of 10 months. However, interested buyers can be assured that the landlord has shown a written interest in renewing the lease agreement, making the transition smoother.
The sale price includes all existing baking equipment along with our delivery van, which is a (19) registered Kangoo. This gives buyers the advantage of having all necessary resources on hand immediately upon purchase. This is a small business with established accounts, primed for new ownership to continue its thriving operations.
In conclusion, although this venture requires hard work, it offers a very profitable return. This opportunity is ideal for those who want to take over a successful, established business with a robust customer base. Combining the favorable asking price, high turnover, and existing assets, this wholesale bakery indeed presents an appealing investment.
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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.
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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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