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Latest / The Buyer & Seller Podcast with Fexingo: Business Brokers, Exits, and Private Sales Explained

How a Bakery Chain Sold for 9x EBITDA by Fixing Its Supply Chain

In this episode, Lucas and Luna dive into how a regional bakery chain in the Midwest boosted its EBITDA multiple from 5x to 9x by overhauling its supply chain. They break down the specific changes the owner made: consolidating flour and sugar suppliers, locking in long-term contracts, and investing in route optimization software. The result was a 20% gross margin improvement and a sale price that surprised even the broker. Lucas explains why buyers pay up for operational efficiency, not just revenue growth, and how the bakery's fix became the centerpiece of the due diligence narrative…

The skinny

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