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Pastry Factory Sweet And Salty Pies For Sale

Murcia, Spain
Freehold Price:
€1,265,000
Leasehold:
€575,000
Turnover:
€1,500,000
Net Profit:
€50K - €100K

This very successful factory is specialised in the production and distribution of bakery and confectionery products.

Specialized at the preparation of traditional salty pastries such as: beef, tuna fish and chicken pies, traditional spanish “empanadas” as well as a wide variety of sweet pastries: filled with cream, almond paste, meringue or fruit.

They also prepare tasty sandwiches with extra filling and different breads, including their fabulous “family empanadas”, semi-flaky dough stuffed with fried tomato, freshly cooked egg and white tuna log, vegetable shortcrust quiche, ham… pizzas, etc.

Quality, and innovation united in a 30-year-old enterprise.
The client portfolio ranges from large supermarket chains to smaller businesses such as, hotels and restaurants, schools and residencies, pastry shops, bakeries or gas stations with bread dispatch.

History

the bakery started 30 years ago as a modest family run “bakery shop” situated in the centre of the capital enjoying a wide range of loyal clientele.
In 2002 the family decided that it was time to expand.

1972 first premises in the centre of the capital.
1986 second store in the centre of the capital.
2002 factory and new premises on a large industrial park 800 m2.
2009 expansion of the factory to 1800m2. New workshops
2014 certified in ifs.
2016 latest generation cooking and chilling equipment.
2018 fairs in germany and singapore with the crisppie line + plant automation project.
2019 hiring the services of the consulting firm tactio to professionalize the different departments.
2020 creation of a new brand of products

trade marks

the business owns 3 registered trade marks!
As well as the ifs certificate of quality; which is “quality, management certifications or specific licenses awarded by the public administrations”.

Turnover

a yearly turnover of 1.500.000 euro is reached enjoying a “gross margin” of 58,36 % and an interesting ebitda.

Conclusion and pricing

due to the recent decease of the founder of the company, the heirs decided to list the company for sale.

There are two options offered

1. Leasehold : at 575.000 euro and a monthly rent of the premises at 3.450€/month
2. Freehold : at 1.265.000 euro full ownership of the 1.800m2 premises including the “bakery shop/cafeteria “

Property Information

Real Estate:

Available as lease or with real property included

Location:

The factory is based in the stunning region of Murcia-South East of Spain-
Where the sun shines more than 3.000 hours a year and its coast is bathed by two seas of warm waters. In fact, its coastline is known as the Costa Cálida where one will find long beaches and small coves offering multiple leisure, sports and wellness proposals.

One of the most attractive areas is “La Manga del Mar Menor,” a destination where one can relax enjoying the sea and the activities of its Nautical Station. In addition, one will find long and white beaches like those of San Pedro del Pinatar; Half wild coves like those of Cartagena, curious landscapes like the erosions of Mazarrón or fishing towns like Águilas.

Premises Details:

On the outskirts of the capital city, in the heart of the business park, they set up new production units, more than 1800 meters, fully equipped with state of the art machinery /units: freezing and cooling chambers, kitchens, ovens, mixers, dough mixers, resting chambers, filling machines and conveyor belts.

Controlling the entire process, from raw materials until the final products.

Building on their success of the previous 30 years they desired to continue selling to the regional public.
Therefore they set up their own “Bakery shop “with consumption room adjacent to the production hall, much to the satisfaction of their regular customers.
This “ Bakery- Cafeteria- Restaurant” installed on 400 m2 enjoying a nice terrace area.

All of their installations work on 100% solar energy resulting in 0 % of CO2 emission.

Business Operation

Expansion Potential:

Currently the factory works only one shift, the maximum production capacity varies depending on the product to be made.
As an example: their “top selling product – the meat pie (220gr)”, has a capacity of 60.000 units/week and currently they produce only 24.000 units/week.

Plans are already on the table to expand internationally.
Unfortunately, due to the recent decease of the founder of this successful company, these projects are “on hold”.

Reasons for selling:

Due to the recent decease of the founder of the company, the heirs decided to list the company for sale.

Employees:
14
Years established:
30

Other Information

Leasehold asking price:
€575,000

Contact INTERNACIONAL GYCHAR SL

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