Established Retail-Wholesale Bagel Business in the Roanoke Valley
Listing ID: ROANOVA00161
Roanoke Valley , Virginia , United States
Retail Bakeries
Sunbelt of Roanoke and Lynchburg
View all listings from this office
Phone: (540) 777-1585
Fax: (540) 777-1597
The following broker is assigned to this listing:
Mike Keen
[email protected]
Cell: 540-580-8700
Description
Established in 1994, this prosperous bakery located in the Roanoke Valley produces, retails and distributes (30 wholesale accounts) bagels
and other baked goods. The retail business has stood the test of time in a competitive market. The wholesale business is growing and the
company is developing a reputation for quality with local businesses. The customer base is local and very dedicated. The company products
are always fresh, natural, and use no preservatives. These qualities are essential for the demographic of people who frequent the store.
Buyers particularly like the New York style (boiled prior to baking) bagel compared to most bagels in the market which are steamed giving
them a softer crust. The company had over $400,000 in revenue in 2006, about 2/3 retail and 1/3 wholesale.
Financials
Asking Price:
Revenue:
Cash Flow:
Downpayment:
Monthly Payroll:
FF&E Asking Price:
Inventory Asking Price:
Financing Available?
$149,900
$415,000
$70,000
N/A
N/A
N/A
$3,000 (Included in Asking Price)
No
Property
Real estate is unavailable for this listing.
Other
Franchise?
Homebased?
Relocatable?
Year Established:
Year Acquired:
Full-Time Employees:
Part-Time Employees:
Reason For Sale:
No
No
No
1994
2002
0
5
Owner is moving out of the area to take care of her ailing mother.
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