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Extremely Well Established Multi-site Retail Dorset Bakers For Sale

Dorset, UK
Asking Price:
£270,000
Turnover:
£1,100,000
Net Profit:
£97,000

SANDWICH SHOP / RETAIL BAKERS – Dorset- An extremely well established business operating from a number of leased and owned premises.

The EBITDA (Earnings Before Interest Taxation and Depreciation) over the last two years has averaged 97,000.

The premises are located in excellent high street locations in a number of fantastic trading positions with high footfall.

The turnover, profit and asking price shown is for the whole business on a leasehold basis for half of the company. There are two shareholders in the business, and the property within the business is also owned by both the shareholders equally. The property may be available for acquisition subject to the consent of both shareholders.If it is,it will be sold at market value.

It may be possible to acquire the freehold of the business premises , and the remaining 50% of the shares, subject to negotiation, should that be of interest.

The business would make an excellent bolt on to an existing bakery business, or a standalone for baker looking to take over and run their own well established operation.

There will be a reasonable handover period.

The reason for the sale is due to the retirement of the owner.

The basis of the sale is on a cash free/debt free basis.

Property Information

Property:

Leasehold