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Established Cake Bakery With Following
| Asking Price: | $50,000 | Inventory: | $20,000 ** |
| Gross Revenue: | $195,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $50,000 (comments below) | FF&E: | $15,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: None | |||
| Cash Flow Comments: SDC | |||
This business was established by the current owner in 1978. Both she and her husband worked to set up and run the business over the years. They moved to the current location in 1995. The owner makes and decorates cakes for all occasions, especially weddings. She gets numerous referrals from churches and reception halls, as well as word of mouth, built on her reputation as a “wedding cake specialist”. The store has a retail section in front, where she sells cake decorating supplies, bulk chocolate, and molds. She creates, bakes, and decorates the cakes in another part of the store, which is furnished with equipment, supplies, and a work area.
About the Business
Year Established:1978
Employees:1 full time - 3 part time
Relocatable:Yes
Facilities:The store has 1350 square feet with a retail section in front and the bakery in the back. It was completely remodeled to her specifications in 1995, prior to her moving in. The store is very clean and well-organized. The parking lot has ample space and the landlord keeps the grounds well-maintained. Lease: The owner holds a lease that is good until 3/1/2010. The monthly rent is $1271. The landlord is responsible for major repairs to the structure, roof, electrical, plumbing, and heating and air conditioning systems. Parking lot and grounds maintenance are also the responsibility of the landlord and include parking lot cleaning and maintenance, snow removal, landscaping, and grass cutting. According to the owner, this landlord is exceptionally good.
Market Outlook and Competition:The market outlook is excellent. If the buyer were to establish a website, they could grow the business.
About the Sale
Management Training and Support:The owner will stay with the buyer for a period of one month.
Reason For Selling:Retiring from this profession. Has been in business over 30 years.
Seller Financing:Seller is asking for 50% down and will finance the other 50%, for 5 years at 2 points over prime.
KEYWORDS: bakery, cake, candy making supplies, wedding cakes, specialty cakes, cake decorating, baker's supplies,
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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