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Business For Sale

Renown Bakery Absentee Ownership #1813

Confidential, TX

Food & Beverage: Conv & Food Stores

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$795,500
$448,235
Not Disclosed
$163,802
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1990
4
45001485
Owner Financing is Available!

Business Overview:

Exceptional, world class bakery currently supervised by an owner working less than 20 hours on-site. Creative confections are the specialty of this highly profitable bakery: a birthday….a graduation….a wedding…. just because. In the course of 20 years this bakery has mastered all these special occasion cakes and other plus many more delights. Wedding cakes, groom’s cakes, cheesecakes, cupcakes and small packages for anniversary celebrations are just some of the many masterpieces created here. The bakery's revenue is well diversified coming from three sources: 8 - 10% wholesale accounts, 47% special occasion, 45% weddings and is very busy throughout the entire year. Sales for the first six months of 2011 are up 22.6% over the same period 2010; which estimates cash flow for 2011 to be $185,883. Profit margins are high and provide strong profits for the owner. This business is currently operated on an absentee basis. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961. For more about the buying process, go to www.GatewayMA.com.

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.

Reason for Selling:

Relocation

Additional Details:

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

Resources: