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Business For Sale

BAKERY AND CAFE

Attn: Julie A. Barnes, CPA
Austin, TX, USA
Listing #: 110824562
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Asking Price: $80,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Coffee, Cafe, Dessert  
Reason for Selling: Under capitalized
Year Established: 2004
# of Employees: 2
Yearly Revenues: $36,000 per 6 months
 

Business for Sale Overview:

Whimsical Bakery and Cafe in One of Austin's Fastest Areas Looking for Creative Owner. Hand Crafted Candies and Cookies; Smoothies and the Latest Rage: Bubble Drinks. Charming, unique bakery located near commercial and residential area of Austin. Extremely loyal clientele but owners spent tons of money on the build out and repairs and now find themselves under capitalized. Near many businesses looking for lunch time fare and individual residents looking for wedding cakes and special gifts.


Property Features and Assets:

1,035 Square Feet 4 years with option to renew for another 5 years. Owners invested $62,245 in build out, furniture and equipment.


Market Competition 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 renovations and upgrades - this business should pay for itself within 2 years.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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