Business for Sale Overview:
The owners have created a very profitable business over 32 years. One of the best business buys for the price you will find in Northeast Ohio!
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. Owner will stay with buyer to make sure there is a smooth transition for one month or longer as needed.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The store has 1,350 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 $1,271. 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. Owner will stay with buyer to make sure there is a smooth transition for one month or longer as needed.
Market Competition and Expansion:
Market Outlook and Competition: The market outlook is excellent. If the buyer were to establish a website, they could grow the business. People will continue to get married and need a wedding cake! People are buying cakes for all occasions on a weekly basis.
Reason for Selling:
Retiring.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.