pH: the pH of bread is usually 5-6 where it is a low acid food. Thus, most yeast and molds are able to grow well on the bread.
Water Activity: The Aw of breads is usually 0.93-0.95. Therefore, there a lot of possible microorganism that is able to thrive. Some examples are s. aurues, molds, anterotoxin B, e.coli, pseudomonas spp. Salmonella spp., proteus spp., bacillus cereus, shigella spp., listeria monocytogene and clostridium perfringens.
Nutrient content: Bread contains mostly of carbohydrates as it is made out of flour which are a good source of energy for microbes.