Henion Bakery

Business Opportunity for Sale
Catylist Listing ID: 30744972
Property Subtypes: Food and Beverage
Building Size (RSF): 875 SF
Sale Price: $250,000
Name of Establishment: Henion Bakery
Business Website Address: Henionbakery.com
Year Business Established: 1993
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Seller will consider holding paper for the right buyer.
Last Updated: 7/6/2021

Overview / Comments

Turn-key bakery with solid customer base and 28 year history; known for their bread, cakes, pastries and donuts. The owners are retiring, so there is a great opportunity for the new owner to have a positive cash flow from day one. The location is in the heart of downtown in a high foot traffic location, just a few minutes walk from Amherst College and UMASS. The space is well configured and allows for some indoor as well as outdoor seating.

Additional Details

Nearest MSA: Springfield
County: Hampshire
Industry Segment: Food Production and Packaging
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: The current lease expired in May, 2022, but the landlord has expressed that he will work with the new owner, and a satisfactory lease can be entered into.
Employee/Labor Description: Owners work full time and they have 2 full time and one part time employee.
Mgmt/Training Support Description: Owners will stay on for a transition period.
Competition/Market Description: There is limited competition in the downtown area, with only one other producer of bread and pastries.
Growth/Expansion Opportunities: There is the potential of adding additional commercial accounts.
Seller Financing Description: Seller will consider holding some paper.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,698 36,264 48,665
Median Age: 23.9 27.89 31.13
Households: 2,255 9,050 13,760

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