French artisanal bakery and patisserie with 10 stores in London

The company is being offered for sale to facilitate the retirement of the managing director and to encourage growth under new ownership.

Offers invited

Key Highlights

Products sold by the company include bread; pastries; sandwiches, savoury rolls and quiches; cakes, tarts and dessert pastries; breakfast / brunch options; and hot, soft and alcoholic drinks.

Considerable industry knowledge and experience, facilitateing an excellent reputation for quality and reliability.

Caters to 30 regular wholesale customers benefitting from regular repeat business, with some relationships having been in place for over 10 years.

Growth is expected from upcoming plans to introduce a bistro service offering evening meals, and an extension of the current delivery offering.

Experienced management team in place, including a tier of shop manager who oversee operations at individual stores, allowing them to be run independently.

All premises are leasehold.

Financial Highights

Indicative consolidated position across all group businesses demonstrates a turnover of circa £6m.

The gross profit for the same data is circa £4m, with an EBITDA of £200k.

The largest entity within the wider group generated a turnover of £2.8m in YE23 and £2.6m in YE24.

59% of sales generated by the general public, with the remainder mostly attributed to wholesale operations.

Scope for considerable growth, as some shops have only recently opened and are not yet operating at their full potential.