Whimsical Bakery and Cafe in One of Austin's Fastest Areas
| Asking Price: | $80,000 | Inventory: | |
| Gross Revenue: | $36,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | $62,245 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: per 6 months | |||
| Cash Flow Comments: Not Disclosed | |||
Charming, unique bakery located near commercial and residential area of Austin. Extremely loyal clientele but owners spent tons of money on the buildout and repairs and now find themselves undercapitalized. Near many businesses looking for lunchtime fare and individual residents looking for wedding cakes and special gifts.
About the Business
Year Established:2004
Employees:2 full time -
Facilities:1,035 square feet in one of the fastest growing zipcodes in Central Texas - all new buildout and equipment, ample parking, 4 year lease with option to renew for 5 years
Market Outlook and Competition:This bakery/deli features hand crafted candies and cookies; smoothies and the latest rage: Bubble Drinks.
Growth and Expansion: This cafe and bakery has the potential to be a cultural magnet for young folks and a reasonably priced cafe for lunchtime visitors. The menu is eclectic and the hand crafted cookies and candy make unique gifts. The owners have already paid for major rennovations and upgrades - this business should pay for itself within 2 years.
About the Sale
Reason For Selling:Undercapitalized
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