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Chocolate and Confectionery Business for Sale in Zagreb, Croatia

For sale: 30+ year old successful confectionery with a long-term tradition and great reputation.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 520 thousand
Run Rate Sales USD 610 thousand
EBITDA Margin 15 %
Industries Chocolate and Confectionery + 1 more
Locations  Zagreb
Local Time 8:37 PM Europe / Zagreb
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 640 thousand (Native Currency: EUR 590,000)
Reason: Reason for sale - the owners would like to retire, but they have no heirs to take over the business.... View More
Includes physical assets worth USD 410 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- A top confectionery shop with a long tradition.
- Stable, profitable and successful business for more than 30 years.
- Generate 90% of their revenue in the local market (City of Zagreb and Zagreb County), while 10% of our revenue is generated in the rest of Croatia and abroad.
- The company has 13 employees, including the owners.
Pastry chefs (4), assistant kitchen workers (5), waiters (2)
- The work of the pastry shop is organized in two shifts, 6 days a week.
- The owners perform procurement, administration, sales and delivery.
- Extensive experience in preparing custom cakes for special occasions such as weddings, communions, confirmations and birthdays, as well as personalized cakes (airplane cake, car cake, etc. )
- The capacity of the facility is about 50 seats, including the outdoor terrace.
- The high quality of the product is ensured by quality and fresh ingredients, and the most important thing is that substitutes are not used in powdered products.
Why this is a good investment:
- Established and profitable business with top reviews (Google reviews - 4.5/5, Wolt - 9.3/10), lots of satisfied returning guests.
- The possibility of expanding the offer to retail chains, given that the current owners have already received offers for such a form of cooperation.
- In the last 3 years, the company has significantly improved its operational business, which can be seen in the consecutive increase in the EBITDA margin.
- The owners are ready to teach the new owners to take over the company for as long as it takes.
- By combining standard daily and personalized offers, the company reduces the opportunity cost to a minimum.
- Great flexibility, the business is organized in such a way that the company can deliver a cake/cake at the customer's request within a day.
Products & Services Overview
- The regular daily orders consist of about 20 types of cakes, about 10 packaged cakes and a few daily cakes that are available immediately.
- In addition to the order of cakes and tarts, the company sells various strudels, homemade ice cream, coffee and alcoholic and non-alcoholic drinks in the building itself.
- In addition to the regular daily orders, the company can deliver up to 50 kg of cakes per day at the customer's request.
- Sales channels are both dine-in and home delivery orders.
Assets Overview
1) Office space – 115 m2 kitchen, 35 m2 catering and sales area, 20 m2 sanitary and wardrobe (170 m2)
2) Storage space – 50 m2.
Both properties are owned by the company, free of any liens or encumbrances.
The assets of the company include all devices and equipment used in the pastry shop, small inventory and supplies.
Facilities Overview
- The company uses 2 properties in its operations:
1) Office space – 115 m2 kitchen, 35 m2 catering and sales area, 20 m2 sanitary and wardrobe (170 m2)
2) Storage space – 50 m2.
Both properties are owned by the company, free of any liens or encumbrances.
Location is Pavlenski put, Zagreb.
Capitalization Overview
Business is owned by a brother and a sister who own 50% of the business each.
The business has no loans.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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