Popular Gourmet Specialty Bakery

Not Disclosed, UT Utah County

Asking Price: $95,000

Annual Revenue: $129,789

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Popular Gourmet Specialty Bakery
Contact: Diane Hartz

Owner Financing is Available!

Owner Financing Terms$20,000.00 Owner Financing Interest8% Owner Financing Terms Months24 Owner Financing Monthly Payment$904.55

Quick Facts

	Asking Price:	$95,000
	Annual Revenue:	$129,789
	Net Profit:	Not Disclosed
	Cash Flow:	$21,156
	Total Debt:	Not Disclosed
	FF&E:	$25,000
	Real Estate:	Not Disclosed
	Year Established:	2006
	Employees:	1
	BBN Listing #:	974550336
	Broker Reference #:	15541-639661

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Business Overview:

MOTIVATED SELLER TO PROVIDE PARTIAL FINANCING!

Calling all bakers! Live out your dream by buying this gourmet bakery.

This high-end bakery features specialty cupcakes, cookies, bars, and cakes for any occasion – corporate events, weddings, birthdays, or just dessert -- that are both delicious and beautiful. Special order cakes, custom designed cookies, cupcakes, macarons, gluten-free and keto options are available, both on-site and for special order.
The business was originally founded in 2006. The current owner purchased it in 2017, and has added additional product lines to the business, including gluten-free options. The business is in a newer building with an airy feel and good light which is located in a strip center close to other food and restaurant businesses, corporate offices, and is close to major thoroughfares.

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Property Features and Assets:

Monthly Rent: $2,399.00 Square Units (Foot, Meter): 3,100 FF&E Overview: FF&E includes all baking equipment, refrigerator and freezer, refrigerated display cases, stands, POS register, seating, and general office equipment. FF&E General Condition: All FF&E is in good working condition.

Market Competition and Expansion:

Although there are other specialty bakeries in Utah County, this bakery has differentiated itself by providing various items that aren’t found elsewhere. These include cupcakes, macarons, cake pops, highly decorated custom cakes, as well as keto and gluten-free items. The business is in one of the fastest growing areas for jobs and population. Growth will come from more digital marketing and an increased focus on acquiring new customers. This will supplement the limited current marketing, which consists of word-of-mouth, referrals and social media. To be successful, a new owner will need to bring cake decorating creativity, while continuing to emphasize the beautiful presentation and taste of the desserts.

Reason for Selling:

Pursue other ventures.

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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