Scottish bakery M Corson Bakers, based in Castle Douglas, has been put up for sale as a going concern for £1.25 million. The bakery founded in the 1800s is seeking a buyer due to retirement. It’s main retail site and bakehouse in Castle Douglas and its three other retail shops in Castle Douglas, Dalbeattie and Kirkcudbright are all included in the sale.
“Our clients have reluctantly decided to sell the bakery due to the imminent retirement of one of the partners,” commented Ian Young, an associate at J&E Shepherd Charted Surveyors, who are marketing the sale. “The business is being offered for sale as a going concern, to include all trade equipment within the bakery and the retail shops.”
The bakery mainly sold its produce from its four shops, but it also has a good wholesale trade. It currently employs 40 staff - a mix of full and part time, including eight bakers. Offers in excess of £1,250,000 are invited for the business whose average turnover for the three years ended 31 March 2008 was approximately £1.2m per annum.