Owner Financing is Available!
Business Overview:
Well established specialty cake shop with a great reputation since 1960 in downtown Seattle. The owner does not work in the business on a daily basis and has other obligations that are taking her time. Many corporate clients, including Starbucks headquarters, Fred Hutchinson, The Argosy, The Rainier Club, and Bon Appetite to mention a few. The business is evenly divided between wedding cakes and other specialty cakes. There is lots of extra floor space that is not being used that could easily be leased out for a commissary or to another baker, thus generating additional income. A new baking product line could be added - breads, pastries, and cup cakes. A marketing person could be brought on board to concentrate on getting news wedding cake orders and adding additional corporate clients. All the equipment is included- commercial ovens, Hobart floor mixer, freezer, walk-in cooler, computer w/cake printer, display cases, & website. This business has been a landmark in the Seattle area since 1960. It has enjoyed a great reputation and well as continued growth. The business specializes in cakes -wedding cakes and specialty cakes. There is very little competition from other more diversified bakeries. The Seller is willing to entertain Seller terms with a qualified Buyer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The facility occupies about 2,500 square feet. There is plenty of unused area that could be leased out for a commissary or to another baker. All the equipment is included- commercial ovens, Hobart floor mixer, freezer, walk-in cooler, computer w/cake printer, display cases, & website. The Total monthly payment is $1,200 and the lease runs till 6/30/2011. The Landlord is willing to extend the Lease to a qualified Buyer
Market Competition and Expansion:
This business has been a landmark in the Seattle area since 1960. It has enjoyed a great reputation and well as continued growth. The business specializes in cakes -wedding cakes and specialty cakes. There is very little competition from other more diversified bakeries.This business has been very steady and consistent for many years. It could easily be taken to the next level by adding a marketing person to increase the wedding cakes and the corporate accounts. Additional products could easily be added - breads, pastries, cup cakes. The business could also increase its income by leasing out some the extra space that is not being used for a commissary or to another baker. This business has a huge upside potential for an aggressive owner operator.
Reason for Selling:
The owner does not work at the business
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.