A FOURTH-generation retail and wholesale bakery business in Ayr and Prestwick is being sold as a result of current owner David Murray's impending retirement, with offers of more than £500,000 being sought.
Shepherd Chartered Surveyors has been appointed to sell the business, which was established by the Murray family in 1929.
David Murray said: “Our family business has for four generations served a loyal and expanding customer base and, due to my impending retirement, now is the time to put up for sale what is an excellent profitable business.”
The sale will include the trading name of The Electric Bakery, which Shepherd declared "is a well-known and established brand" throughout Ayrshire.
Shepherd partner Kevin Bell said: “The Electric Bakery is a renowned brand familiar to generations of shoppers throughout Ayrshire and beyond, and a thriving business with rising income and substantial annual profits generated.
“With local retail markets picking up as a result of consumers shopping closer to home through the pandemic, we believe the business offers genuine growth potential in both the retail and wholesale sectors”.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel