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Busy Bakery Business In Ilford For Sale

Ilford, London
Asking Price:
£170,000
Turnover:
£791,000
Net Profit:
Available on request

Business
We are delighted to welcome to the market this well-established and busy bakery business in Hainult Business Park (East London).
The business operates as Eastern European bakery supplying Polish, Romanian, Bulgarian, Lithuanian and other Eastern European supermarkets all over London area.
The bakery has established its brand and managed to create its own and constantly growing wide range of customers. We produce bread, rolls, pastry and cakes, which are delivered by our vans directly to our customers (supermarkets) all over London.
What we offer is not a mass production but a unique handcrafted product
based solely on natural ingredients and with no added preservatives or other chemical compounds.

Location
Ilford, London
The premises of 300 m2 is all conveniently located on the ground floor and based in close proximity to Central London. There are parking spaces at the front of the premises where the vans are kept during the day. Premises comprise of the main baking area, pastry and cakes area, cold room, storage, parking and sorting area, spacious office with three desks, two toilets for staff. The back door are equipped with 3m high roller shutter which enables loading bread baskets onto the vans easily. Also deliveries are being received through the back door, as it makes it very convenient to bring the goods straight in on the pallets.

Equipment included:
• Several mixers
• 2 x triple deck gas oven
• Electric oven
• Proofing cabinet
• Euro Pan oven
• Walk in chiller
• Pastry folders
• Numerous stainless-steel preparation tables
• Hardware racking and shelving
• Bread slicer
• Various other equipment.
• CCTV


Tenure
The bakery is being sold as a Leasehold business opportunity with an ongoing Lease and an annual rent of £36,000.

Hours
The business operates 7 days a week

Staff
5 full time bakers and 3 full time pastry chefs, 3 ladies that do bread cutting and packing and 3 full time drivers as well as 2 office ladies taking orders from the customers, invoicing, dealing with customers’ queries, and operations manager.

Financial Profile
The combined business generated an advised turnover of circa £791k as of the 2017 accounts and £528k in 2016, which stands for significant increase in sales.
The assets being sold with the business are worth in the region of £70,000

If interested please contact the seller through the form on this page.

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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