This is a good proposition to have a big profit during the business activity and to be the owner of an attractive entity which has a well-known brand in the location, where the entity is making their products.
The good news is that the pandemic of COVID-19 has no influence on the development and well activity of this business structure. It’s good to say that the sales of the product are growing up compared to another year in the past, like 2018 and 2019. The basic staples are constantly demanded, and many customers and clients are interested in the products of this bakery. There was no negative influence by pandemic reasons.
The owner has a desire to sell it because has a big problem with health.
This business was established more than 27 years ago and has a good reputation and many clients, like a restaurant, super-markets and many others (more than 80).
The new owner has the ability to rent premises where is located production at low cost. In another way, the new owner can change the place of production to another location.
The company currently serves the South-South East region of Cyprus, but it has the ability also deliver to the whole of Nicosia District and the East side of Limassol District.
The entity is represented by a limited company. The business does not have Bank debt.