Owners of Cleveleys’ favourite bakery hang up their aprons
13th February 2020
Owners of a family-owned bakery in Cleveleys are hanging up their aprons…
Book your FREE BUSINESS VALUATION today with one of our local valuers, and find out how we can help you sell your bakery
Looking to get your bakery sold? Get in touch below!
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Why use Hilton Smythe to sell your bakery?
All-inclusive legal fees as standard
We include your standard legal fees (legal fee credit in Scotland) on an all-inclusive basis.
Award winning business broker
Number 1 in the UK for the volume of businesses sold first quarter 2020.
Our customers love what we do
Our reputation is important to us and we are proud to have a 4.7 overall rating on Feefo.
Independent finance company
Hilton Smythe Finance can help buyers finance the purchase of a business.
Get an instant on-line market valuation of your bakery
We are one of the UK’s leading small business broker based in Bolton, Greater Manchester
Each year we sell more businesses and are constantly raising the bar for other brokers out there.
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*Compared to our nearest competitor. Completions figure is comparable to K3 Capital PLC from 2017. Data based on our nearest competitor K3 Capital PLC, results in 2018 against comparable period.
Our customers love what we do
Thank you to you all for all of your help and support, if ever we sell a business again we would not hesitate to come back to you.
Seller of Sandwich Shop/Bakery.
Is it time to move on and sell your Bakery Business?
Perhaps you’re relocating and would like to sell your bakery shop. If you’re interested in making money on your business asset then we’re here to help! We’ve assisted hundreds of business owners in selling their businesses fast. Find out more about the process below.
Deciding to sell
Selling your business is a huge decision which shouldn’t be taken likely. Most people describe their business like their baby. They’ve built it from the ground up and watch it grow. It can be very difficult to imagine somebody else running your business.
If you think you’re ready to let your bakery go in the next couple of years then there are a number of factors to consider. How will an uncertain economy affect the sale? Is the bakery and baked goods market experiencing growth? Is there still a consumer demand for local fresh baked goods? Will you be able to achieve a fair price for your business and all the hard work you’ve put into it? Many questions should be asked before making the final decision to sell your bakery.
Reasons for selling a bakery
Business owners sell their enterprises for a wide variety of reasons. One of the most popular is retirement. Are you ready to cash in on your years of hard work and spend your retirement savings? Selling your business could release a lot of money for your retirement plans.
In some cases, someone could be forced to sell their business through ill health if they can no longer keep up with demand. Running a successful bakery requires long hours and if the owner themselves is baking the goods, then the shop shuts when they are not well enough to work. If a business owner has long term health problems and cannot afford to pay someone else to run the business, then they may have to sell up.
A business owner may also feel like a change of scenery from time to time! Perhaps they have achieved all they can in the bakery industry, and fancy investing in a different sector. They may have their sights set on international business deals or living in a different country.
A world of opportunities
As a business owner you’re sitting on a lot of capital which could be used for a variety of new opportunities. Whether you crave a new business challenge or dream of travelling the world in your golden years. As a result, it all starts with a call to Hilton Smythe.
We’ll value your business for free so you have an idea of the sale price you can expect. Then was the UK’s leading broker we can help you find a suitable buyer and close the deal faster than anyone else. If you’re ready to sell your business for a world of new opportunities, contact us today.
Click here to find out more about selling your business and where we advertise your business.
So, what are you waiting for?
