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Artisan bakery

Reference
S6813
Turnover
£2m to £5m
Sector(s)
Food & drink
Region(s)
London
Added
12 February 2020

Business description

Artisan bakery providing traditionally made breads to the high-end hotel, restaurant and catering market in Central London. 

The company uses the finest ingredients and traditional long-fermentation methods to produce high-quality products that include baguettes, brioches, loaves and rolls in a variety of grains and flavours. 

Over its years of operation, has developed a strong reputation amongst its many prestigious clients for the quality of its products and the exclusivity of its services. 

The shareholders are now offering the business for sale as they wish to explore alternate, unrelated opportunities. 

Offers invited.

Highlights

  • A company built on ethics and the provision of an exceptional customer experience. 
  • Uses traditional methods in the production of its bread, hand-kneading dough and fermenting for up to 36 hours before baking in a stone-base oven. 
  • Products are delivered direct to customers via in-house drivers. 
  • SALSA accreditation could be acquired, if necessary. 
  • Experienced and highly skilled team of bakers trained in traditional styles of French craft baking. 
  • Operates from leasehold premises located close to central London. 
  • Excellent opportunities for growth through expansion of the company’s product range, increased marketing activity and entering the retail market.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2016 (Actual) 2,025 634
2017 (Actual) 2,041 765
2018 (Actual) 1,779 625
2019 (Actual) 2,186 884
2020 (Forecast) 2,500 928
  • 2019 management turnover of £2.18m, a 23% increase from YE18.
  • 2019 adjusted EBITDA of £844k, a 35% increase from YE18.
  • Projected 2020 turnover of £2.5m. 
  • Adjusted EBITDA expected to rise to circa £928k by 2020. 
  • Average weekly order value of £41k. AA 82% average gross profit margin.
  • 36% average adjusted EBITDA margin.

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