TURNKEY BUSINESS - Angel Cakes Gourmet & Fine Foods

Asking Price$93,900

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$68,900
Included in asking price
Refrigeration Area
Angel Cakes Gourmet & Fine Foods
Front Entrance
Cooking Work Area
Cooking Area
Kitchen Work Area
Refrigeration Area
Angel Cakes Gourmet & Fine Foods
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TURNKEY BUSINESS - Angel Cakes Gourmet & Fine Foods


Asking Price$93,900

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$68,900
Included in asking price
Business Description
BUSINESS ONLY FOR SALE - This Gourmet and Fine Foods business has been at the same location for 15 years! There is an established, loyal customer base. TURNKEY OPERATION - everything you need to run your own restaurant/catering business. Perfect for a bakery, other fine foods to go, or catering. While on-site consumption is available, there is limited seating due to the expansion of high-end cooking and refrigeration equipment during the COVID-19 years, which changed the dynamics of many restaurant businesses. The current cooking, refrigeration, and display equipment, and assorted cooking wares and utensils are valued at $68,900, with an additional $25,000 of Goodwill attributed to the customer base. A total of $93,900 opens the door to your successful entrance into the fine foods industry, or expansion of your current business at this extraordinary location in Old Palm Harbor Village in downtown Palm Harbor! A list of FF&E and financial data will be provided to serious buyers who sign a non-disclosure agreement (NDA).

Driving Directions: Angel Cakes Gourmet & Fine Foods (1484 Alternate 19) is located on the north side of the Old Palm Harbor Village Shopping Center, at the southeast corner of Alternate 19 and Columbia, in downtown Palm Harbor.
About the Business
Years in Operation
16
Employees
2 Part-time
Facilities & Assets
Sale includes all assets of the business including cooking, refrigeration, and display and storage equipment, as well as assorted cooking wares and utensils. The current lease will be assigned to the new owner. The cost of food inventory on hand at the time of closing is in addition to the business sale price and will be reimbursed to seller by buyer at closing.
Website
https://www.angelcakesgourmetllc.com
Market Outlook / Competition
There is little competition for Angel Cakes Gourmet & Fine Foods due to the longevity of the business, established customer base.
Opportunities for Growth
Growth of the business is dependent on the initiative of the new owner. The current business enjoys a significant catering operation, which can be expanded or contracted at the will of the new owner. This operation is suitable for expansion into bakery products or other specialty cuisine.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
913
Rent
$1,650.00 per month
Lease Expiration
4/30/2028
About the Sale
Seller Motivation
Owner is retiring.
Transition Support
The current owner will provide support and training during the transition of ownership for approximately 30 days (negotiable), including introduction to current catering clients.
Financing Options
Cash Only
Listing Info
ID
2503330
Listing Views
59
Business Location

Contact Seller

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Business Listed by: Mark Ganier

Listing ID: 2503330 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. See our full Terms of Use. Learn how to avoid scams.


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