Description One of the biggest and one of the most modern bakery in Lithuania is for sale. Company's Revenue for year 2009 was $10 million USD, fixed assets ~2 million USD, current assets ~ $1,9 million USD. Main production is all sorts of breads, loafs, confectionery, biscuits, cakes atc. 60% of the production is being sold through the branded trade points across the Lithuania, other 40% is sold for a small traders.
The current director of the bakery is planning to buy out the business from the present owners. For this reason he is looking for financial partners. Following recourses are needed:
~$1,7 million USD - personal resources of the director;
~ $2,8 million USD - loan;
~ $3,0 million USD - partners recourses.