A bakery in Collinsville is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Belleville — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices. The statewide bakeries playbook is on the industry hub; this page is the Collinsville file. Confidential sale. No upfront listing fee.
Confidential • No upfront fees • Illinois statewide
Collinsville market
Selling a bakery in Collinsville
A bakery in Collinsville is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Belleville — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices. The statewide bakeries playbook is on the industry hub; this page is the Collinsville file.
Collinsville is the I-55/I-70 interchange city in Madison County — the World’s Largest Catsup Bottle, Cahokia Mounds next door, and traveler-plus-local retail, not SIUE’s campus town.
Interchange hospitality and local household services must be split on the recast. St. Louis commuters use this as a first Illinois exit; that is access, not a multiple. Do not borrow Edwardsville’s university story or Granite City’s mill story.
Collinsville has about 24,707 residents in Madison County, inside the St. Louis area. Nearby markets buyers already compare this book to include Belleville, Edwardsville. That comparison changes who shows up: a buyer who will drive from Belleville is not the same buyer who will fly in from a coastal platform.
Planning facts
Typical multiple
2x–3x SDE
Typical timeline
6–12 months
SBA eligible
Often — confirm
County
Madison County
Population
24,707
Metro
St. Louis
Nearby comps
Belleville, Edwardsville
Closing clock
Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices
Madison, St. Clair, and nearby Metro East shops sit in the St. Louis MSA. Some buyers live in Missouri and still have to close under Illinois notices and licenses.
State CBS-1 plus municipal licenses. Do not assume a Missouri process covers an Illinois entity.
Collinsville demand for bakeries is the customer list and the license path — not the Census population figure. About 24,707 residents is context for who already lives in the trade area. It is not a sale price.
Bakery in Collinsville
What a Collinsville buyer will underwrite on this bakery
Food and liquor in Collinsville close on the lease and the local board as often as they close on prime cost. Madison County health and — if the room pours — local-control liquor are Collinsville clocks, not a statewide multiple. Neighbors already compare this room to Belleville, Edwardsville.
Bakeries statewide typically plan around 2x–3x SDE and a 6–12 months process when books and the lease are ready. That is a planning range, not a price for this Collinsville shop. Buyers here usually argue wholesale account revenue, equipment condition, lease terms, brand recognition.
Closing clock for this Collinsville file: Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices. License path: County health-department retail food licenses and, if they wholesale, cottage-versus-licensed-facility rules. The industry hub teaches the statewide rule. This URL is the Collinsville application of it.
Collinsville is a regional market. The first serious call is often an owner-operator from Belleville, Edwardsville, not a platform that needs $2 million of earnings to pay for diligence. SBA 7(a) and seller financing usually matter more here than a headline multiple.
Buyer pool
Who buys a bakery in Collinsville
St. Louis capital is as important as Chicago capital. PE and strategics who already buy in St. Louis County will look across the river. SIUE (Edwardsville) creates a campus-adjacent buyer story that Granite City does not share.
Illustration: a storefront bakery in Champaign with a coffee case, three wholesale café accounts, a deck oven near replacement, and a seller who still comes in at 3 a.m. Not a closed sale.
A bakery whose customers already sit in Belleville, Edwardsville is a larger business than one that stops at the Collinsville city limit. Tell the truth about the route. Buyers will map it.
SDE recast
How a buyer will read the books on this Collinsville bakery
Bakery recasts split wholesale accounts from the retail case. Add back owner-baker nights, then isolate wedding-cake seasons and any café that loses money on labor. Deck-oven and proofer depreciation is real capex. If the seller still laminates at 3 a.m., subtract a head baker before you apply 2x–3x SDE.
Illustration only — not a quote for any Collinsville shop. A bakery whose tax return shows $85,000 of net profit is not worth $85,000 × a rumor multiple.
Add back the owner’s $69,000 W-2 and payroll tax, $12,500 of discretionary benefits, $1,000 of accepted one-time cost, and $14,500 of personal expenses that a buyer will not run. Then subtract $7,000 of replacement labor if the owner still diagnoses, sells, or closes the books.
Adjusted seller’s discretionary earnings are $175,000. At the planning range 2.0x–3.0x, enterprise value is $350,000 to $525,000. Mid-range 2.50x is $437,500 before debt, working capital, holdback, and tax. A Collinsville buyer will argue the multiple after they ride with the staff and read the lease.
At 2.50 times $175,000 of seller’s discretionary earnings, enterprise value is $437,500 before debt, working capital, holdback, and tax. That is the planning conversation. It is not a listing-site guess.
SDE line items
Reported net profit (tax return, not the marketing P&L)
+ Interest expense
+ Income taxes (not payroll, sales, or property tax)
+ Depreciation and amortization
+ Owner W-2, bonuses, and payroll taxes on the owner
+ Discretionary owner benefits that a buyer will not keep (auto, personal travel, family on payroll with no role)
+ Accepted one-time or non-recurring expenses
− Market-rate replacement labor for owner work that will not transfer
= Seller’s Discretionary Earnings (SDE)
Illustration recast for a Collinsville bakery — not a quote
Net profit
$85,000
Owner W-2
$69,000
Benefits
$12,500
One-time
$1,000
Personal
$14,500
Replacement labor (subtract)
−$7,000
Recast SDE
$175,000
Planning EV at 2.50x
$437,500
Recast Seller’s Discretionary Earnings, then apply a planning multiple for bakeries.
Replacement labor is subtracted. This is a planning tool, not an appraisal.
Recast SDE—
Planning enterprise value—
Before debt, working-capital peg, holdback, and tax. Educational only.
Enter your annual Seller's Discretionary Earnings (SDE) — your net profit plus owner's salary and any personal expenses run through the business — to estimate a range.
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Estimated Value Range—to—
This is an estimate for planning purposes only. Actual value depends on lease terms, asset quality, customer concentration, and current market conditions. Request a professional valuation for a precise number.
Licenses and closing steps for a Collinsville sale
Madison County (Edwardsville, Alton, Granite City, Collinsville, Pontoon Beach) uses Illinois CBS-1. Metro East businesses often have Missouri customers, employees, or landlords. Granite City industrial and Alton riverfront add environmental and flood diligence. No Chicago 45-day notice.
County health-department retail food licenses and, if they wholesale, cottage-versus-licensed-facility rules. Illinois cottage-food allowances do not cover a storefront bakery a buyer can scale. Chicago food-manufacturer and retail licenses can both apply when there is wholesale. The license sits with the facility and the named operator.
Labor and lease
What has to keep working on Monday after close in Collinsville
For a bakery in Collinsville, the first labor question is: Standing wholesale accounts on paper.
I-55, I-70, I-270. Cross-river labor and licensing (Missouri contractor or professional licenses) must be mapped. Granite City steel-adjacent books are not Edwardsville professional-service books.
Illinois side of the St. Louis MSA. Price in St. Louis buyers, Illinois licenses, and a river.
Diligence
What a serious bakery buyer will open
Levers that move the multiple in this vertical: Standing wholesale accounts on paper; A head baker who is not the seller; Ovens and refrigeration with useful life; Lease that matches bake-hours reality; Documented formulas, not tribal knowledge.
Have these ready before anyone hears the name of the Collinsville business: Wholesale account list, terms, and concentration; Retail versus wholesale margin and the 3 a.m. labor reality; Deck ovens, sheeters, and refrigeration age and service contracts; Lease, hood, and grease-trap file; Wedding-cake booking calendar versus standing wholesale; Recipes and product specs that are documented, not only in the seller’s head.
Buyer tool
SBA payment sketch for a Collinsville bakery buyer
Most Illinois owner-operator acquisitions use SBA 7(a). This is a payment sketch, not an approval.
SBA 7(a) loans are the most common financing for business acquisitions. Estimate your monthly payment and required down payment based on the purchase price.
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yrs
Down Payment Required—
Loan Amount—
Est. Monthly Payment—
This calculator provides estimates for planning purposes only. Actual SBA loan terms depend on your credit profile, the specific lender, and current market conditions. Contact us to connect with SBA-approved lenders in Illinois.
Sale steps
How to prepare a Collinsville bakery for sale
Recast this Collinsville bakery. Start with the tax return. Add owner pay. Subtract replacement labor if the seller still does the work a Collinsville buyer must hire. Do not treat a spike year as the new normal.
Name who can operate on Monday. List every credential that lets this bakery pull a permit or see a patient in Collinsville, and whether that person stays. Personal licenses do not transfer with the assets.
Tell the truth about the Collinsville trade area. Map customers against neighboring towns. Buyers will. A book that already covers those towns is larger than a book that stops at the Collinsville limit.
Open the lease and the labor file. Remaining term and assignment in Madison County. Whether the crew can run without the seller living eight minutes away.
Calendar the notices that apply here. Illinois CBS-1 (10 business days). Missouri buyers still close an Illinois company on Illinois notices. Start them at letter of intent, not the week of funding.
Read the statewide playbook, then talk. The Illinois bakeries hub is the statute and recast teaching. This page is the Collinsville file. Confidential consult — no upfront listing fee.
Answers for owners and buyers in Madison County, including local closing steps.
Buyers start with seller’s discretionary earnings, then apply a planning range around 2x–3.5x SDE. That is a statewide starting point, not an appraisal. The lease, licenses, and how much of the book depends on the owner move the number more than a rumor multiple.
Most prepared Main Street sales take about six to twelve months. Clean books and an assignable lease help. License transfers and landlord consent are what add weeks.
Food-establishment licenses and, if you pour or sit, local occupancy rules stay with the premises and the new operator. Wholesale accounts may need assignment.
Yes, when the accounts are written and transferable. A Saturday counter crowd that only knows the owner is weaker than a documented wholesale route.
Yes. Buyers sign a non-disclosure agreement before they see the name. Your staff should not learn the sale from a listing photo. Key people may hear near a signed letter of intent.
Most Collinsville asset sales file Illinois Form CBS-1 at least 10 business days before closing. Madison County does not use Chicago’s 45-day city notice unless the business also operates there. Municipal licenses and the lease still need their own calendar.
The first serious call in Collinsville is usually an owner-operator or a neighboring shop, not a coastal fund. Madison County buyers already know the trade area. Seller financing and a clean lease matter more than a headline multiple.
No. The planning multiple for bakeries is a statewide starting point, not a Collinsville appraisal. Buyers in Madison County still adjust seller’s discretionary earnings, then argue the lease, licenses, labor, and owner dependency.
Service Area
Bakery Brokerage Near Collinsville
We serve bakeries owners and buyers across Madison County and the surrounding region.