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After 34-years of operating a business that arguably produces the best doughnuts around, the original owners of Glenn Wayne Bakery are ceding control of operations to the buyout firm that purchased the Bohemia company this month.
As part of their “slow down” that was announced this weekend, brothers-in-law Glenn Alessi and Wayne Stelz will turn over management of the 40,000-square-foot bakery in Bohemia to Stelz’s son Scott, who is Alessi’s godson.
“After 34 years of running a 365 day, basically around the clock sweet goods operation, Wayne and I have been blessed with the opportunity to slow down and handover the reins to a wonderful company with a terrific reputation,” Alessi wrote in a post on Glenn Wayne Bakery’s Instagram account.
Alessi said he’ll serve as a consultant to the bakery end of operations, but that he will concentrate more on the company’s new retail outlet, Glenn’s Donuts, in Selden. Glenn Wayne Bakery products are delivered daily to the shop, which opened July 1.
The bakery was acquired by Tide Rock, a San Diego-based buyout firm specializing in economically resilient B2B businesses, the companies announced two weeks ago.
Glenn Wayne Bakery acquired by buyout firm, expansion expected
Glenn Wayne — a wholesale bakery manufacturer that supplies baked goods to local and regional customers, as well as national brands — was founded in 1990, originally operating out of a 1,000-square-foot facility. The bakery has since grown to its giant bakery facility and has added a 6,000-square-foot warehouse.
The bakery in 2010 opened an outlet store in front of its bakery, boosting its popularity on Long Island.
“I wanted to share our terrific, freshly made products at reasonable prices to the public,” Alessi explained in his social media statement. “I had no idea that it would become as popular as it has, for that I thank you. I want to ensure you that the quality will remain the same.”
Top photo taken by Nicholas Esposito.
