business

CY0137F

CONFECTIONERY & BAKERY FACTORY

 
Business Type: Confectionary Shop
Location: Confidential, Confidential, CYPRUS  
Type of Tenure: Freehold
Business Reference: CY0137F
Asking Price: € 2.250.000
Annual Turnover 600.000
Gross Profit Margin 75%
Monthly Rent NOT APPLICABLE
Stocks (at cost) 20.000
Reason for Sale RETIREMENT
Accounts Available 2013 AUD
Years Established 33
Incorporated Business LIMITED COMPANY
Vendor Financing NEGOTIABLE
Full-time Employees 14
Internal Area 1100 SQM
Mezzanine Area 100 SQM
Plot Area 2300 SQM
 

Description

The business consists of a fully equipped, licensed confectionary and baked snacks production facility and two retail outlets.

The production facility has been designed and custom-built on a freehold plot. It complies with HACCP and all EU laws and regulations for food production.  The freehold plot is 2.300 sq.m. and covered areas of production, storage and administration are 1.200 sq.m. A second floor can be added to increase area by another 1.000 sq.m.  Value of Land & Buildings is in excess of EURO 1 Million.

The production facility is fully equipped with European manufactured machinery & equipment of the highest quality to handle a very wide range of confectionary items and baked snacks.  Value of machinery and equipment is in excess of EURO 1,3 Million.

The business caters to both wholesale and retail clients locally, while baked snacks and confectionary sales split is about 50:50. It has excellent potential for exports.
 

Photos
  • The present business is offered for sale by DealMasters.  Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner. 
  • You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters. 
  • Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
  • We do not perform any due diligence on businesses for sale, business owners, or the information provided by them.  Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business
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