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Long-Established Bakery Business for Sale in West Midlands

Undisclosed, West Midlands
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Long-Established Bakery Business, West MidlandsLong-Established Bakery Business, West Midlands
  • Leasehold: £110,000 (Stock at valuation)
  • Turnover: £220,000 (£4,231 per week)
  • Profit: £29,000 (14% Profit margin)

Business Details

Long Established Bakery Business, West Midlands

Overview

A long-established bakery business located in a prominent High Street position in the West Midlands is being offered for sale due to the owner's retirement. Trading for approximately 15 years, the business bakes on site and benefits from an established local customer base, repeat trade, daily footfall and a recognised position within the local area. Enhanced confidentiality is in place; full details are available following registration of interest and completion of a Non-Disclosure Agreement.

This is a genuine turnkey opportunity, with bakery equipment, shop fit-out, fixtures, fittings and operational infrastructure already in place, and staff in place including a manager and bakers.

Business Highlights

  • Long-established bakery business trading for approximately 15 years
  • Prominent High Street position in the West Midlands
  • On-site baking facilities
  • Fitted and operational bakery premises
  • Staff in place including manager and bakers
  • Established local customer base and repeat trade
  • Genuine retirement sale

Financial Overview

  • Annual turnover of approximately £220,000
  • Reported net profit of approximately £14,000
  • Add-backs of approximately £15,000
  • Adjusted profit of approximately £29,000
  • Estimated asset value of approximately £20,000
  • Leasehold premises with approximately 4 years remaining at a rent of approximately £12,000 per annum

Growth Opportunities

  • Improved digital marketing and stronger online visibility
  • Online ordering and delivery partnerships
  • Corporate catering and wholesale supply to local businesses
  • Sandwich platters, buffet orders and seasonal pre-order campaigns

Asking Price

Offers in the Region of £110,000 plus stock at valuation.

Next Steps

To receive further details and the full Information Memorandum, please contact Goodwins to register your interest. All enquiries are strictly confidential, and further information will only be released following buyer qualification and completion of a Non-Disclosure Agreement.

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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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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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