Awesome Iconic Established Austin TX Bakery

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Asking Price:
$145,000

Gross Revenue:
$212,000
Cash Flow:
$68,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,645
included in asking price

FF&E:
$15,772
included in asking price

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Business Description

Our sweet shop has been pleasing customers since it opened in 2014. We
specialize in custom cakes that are truly works of art that create spectacular unforgettable memories for our customers. Our customers regularly order custom cakes for the most important events in their lives: weddings, birthdays, gender reveal parties, baby showers, graduations, holidays and corporate events. We welcome creativity and use the booming and infinite resources of the internet to dream big and find the cake that knocks the socks off our customers and their guest. On a daily
bases, we offer a variety of products, including freshly baked cupcakes, muffins, cinnamon rolls, cookies, brownies and bars. We offer gluten free and dairy free options as well.

About the Business

Location:
Austin, Texas
Year Established:
2014
Number of Employees:
2 FT - 1 PT
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
900
Rent:
$2,173.75 Per Month
Lease Expiration:
8/31/2020
Facilities:
900 sq. ft. fully equipped boutique bakery with counter, sitting area, and full kitchen in popular strip shopping center located in an affluent neighborhood. Ample parking with easy access off of major thoroughfare.
Market Outlook/
Competition:
Due to unique niche nature of this Bakery, there really is no competition nor are there any craft / boutique bakeries within several miles of the bakery.
Growth & Expansion:
Our bakery business here in Austin is booming. Each week we tum away dozens of customers because we are full and can't take any additional orders. Most bakeries have a strict 1-2 week pre- order policy and that leaves many customers desperately searching for a bakery to make a custom cake. Many bakeries in town refuse to do fondant work and we don't mind that at all. We honestly believe with the right new owner, the business will continue to grow. Growth opportunities include: expansion of the current space or multiple retail locations. Many of our current customers come
from Westlake, Round Rock, Georgetown and further. Other growth opportunities include: new products (especially gluten free and dairy free products), wholesale accounts, catering (we are currently supplying baked goods to Indeed), franchising, more online marketing and specifically the use of online social media, online sales and shipping products.
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About the Sale

Reason For Selling:
Relocating to be with Family
Training/Support:
30 Day Training & Transition Period included in the sale.
Seller Financing:
No

Listing Info

ID:
1652022
Ad Detail Views:
0

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Business Listed by

Michael Saldutte

Sunbelt Business Brokers

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