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Reference: N/Globe 101/9/21

ID: MV0197

Bakery & Confectionery - Whole Retail Sales

Cyprus

This is a rare opportunity to acquire a EU Business with high potentials for increasing supply as demand is increasing. Big wholesale export potential.

Reference: N/Globe 101/9/21

ID: MV0197

Register Interest
Revenue:
€6m
Profitability:
15%

Industry Overview

The industry is unique as there is daily repeated demand.

Location

Larnaca, CYP.

Business Description

Family managed business strong local Branding. The company consists of flagship store and own Production Factory with own delivery vans. A solid wholesale customer base plus a line of five retail shops in key areas. Over sixty years in operation working. All the year round 7/365.

Financial Summary

Annual Turnover €6,000,000 NET
Profit after TAX €1,000,000

Investment Rationale

This is secure purchase for any Buyer. It comes with the added experience of 60 years for owners that are willing to continue operation for and on behalf of new owners as long as the new buyer need them.

Estimated quick growth average for the 1st 5 years 7-10%

Customer Overview

Team :70 people in factory and retail shops .All Highly skilled working 6 shifts per week, day and night!

Transaction Information

Negotiable.

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.

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