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Traditional Bakers & Confectioners
Two Retail Outlets +
Wholesale Business

Ref. AF121

Location : South East

Asking Price : £100,000

Turnover : £1,100,000

Net Profit : Undeclared

Gross Profit : £724,000

EBITDA : £112,000

Net Asset : £130,000

Premises : Leasehold

Confidentially offered for sale

  • Turner Butler

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Asking price: £100,000

Leasehold Premises

Asking price includes

Current Turnover circa £1,100,000
Gross Profit circa £724,000
Adj EBITDA before drawings c£112,000
Net Assets circa £130,000

Full range of traditional breads, cakes and confectionery products
Fast Growing Wholesale Customer Base
Turnover and profits growing year on year
Reputation for reliability and service
Superb primary retail location
Excellent growth potential
All fixtures and fittings
Training and handover
Profitable company

Business Profile

This is a well established family business that has been successfully trading since 1984 as a retail and wholesale bakery with two well located high street branches selling bread, confectionery and celebration/wedding cakes. This business uses traditional recipes and quality ingredients to produce a wide range of wholesome and delicious breads, cakes and confectionery products. The business trades as a traditional bakers and has built up an excellent reputation, which generates a high proportion of repeat custom. The bakery with a factory unit and two retail outlets is strategically placed within a specific catchment area.

This business is well known for their celebration and wedding cakes, made and decorated to order by their highly skilled and experienced bakers. This business provides wholesale deliveries to schools, colleges, pubs, retail shops, restaurants and cafes and has built a reputation for quality and value for money for their entire range.

The current annual turnover of the business is in the region of £1,100,000, achieving a gross profit of £724,000 and an adjusted EBITDA before drawings of c£112,000. This business offers an excellent opportunity to purchase a traditional bakery, in an ideal location, with huge scope for future growth and who are the only wholesaler in this area. There is immense scope to increase turnover by offering an outside catering service and expanding the geographical area served.


The business is fully equipped with high quality equipment and the sale of the business also includes 1 sign written delivery van.

Customer Service:

The business has strived to build and maintain long-term relationships with its customers that endure because they are based on mutual benefit. Providing high-quality service to all customers at all times. This business offers superb customer service with regular deliveries, reliability and a name for top quality products.

Key Strengths:

The company has earned an outstanding reputation for its honesty, service, reliability, excellent quality hot meals, snacks and beverages, ability to deliver within the locality, cost control and skilled, experienced staff.


The company uses an Industry Specific Software.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with no borrowings, low overheads, and positive cash flow, enjoys high gross profits and has shown consistent strong growth in profits. The aggregated turnover of the business is approximately £1,100,000, with gross profit circa £724,000, with net assets circa £130,000 including a sign written delivery van, assuming no cash and no debt. There will be a £ for £ adjustment to the final sale price to reflect any movement away from this target net asset figure in the final completion accounts.

Advertising and Marketing:

A high proportion of the business’s revenue is due to strong word of mouth recommendation it receives bearing testimony to the excellent reputation it has received throughout the industry.

The distinctive sign written van acts as a mobile visual means of advertising. The Company regards Customers as their best advertisers. The company does have a web presence which could be improved, however they do no additional advertising whatsoever.

Growth, Expansion and Key Opportunities:

This is very busy traditional bakers and confectioners with a superb reputation for their extensive range of fresh breads, confectionery and celebration cakes, (made on site). However they have the manufacturing capacity to double turnover by expanding into more surrounding geographical areas, which the owners have not done. Additionally more sales and marketing within the existing area served would undoubtedly produce a greater number of clients as well.


Both retail outlets operate from excellent locations in the South East. The retail shops are located in established town centre high street premises, being in very busy and pleasant areas close to all amenities. The units are owned by the vendor and new leases will be granted to the purchaser on terms to be agreed.

The property benefits from retail, bakery, confectionery and dispatch areas. The main bakery operates from Council owned leasehold premises. The lease is renewed each 5 years, subject to the usual conditions.

Business Hours:

The business is open Monday to Saturday from 7.00 am to 4.00 pm.


The owner recognises that the key to success for any business lies with the personnel, to this end the Company has a skilled workforce who feel that their contribution is appreciated and valued.

The owner is responsible for the day-to-day management of the business, supported by 13 full time and 25 part time employees.

Support and Training:

The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new Owners.

Reason for Sale:

This is a genuine retirement sale.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

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Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532