Profitable Bakery for Sale in Central Austin

Austin, TX
Travis County


Asking Price: Annual Revenue:
$595,000 $759,749

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Bakery for Sale in Central Austin Broker: Dave Duce

Quick Facts

Asking Price: $595,000
Annual Revenue: $759,749
Net Profit: Not Disclosed
Cash Flow: $239,335
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 12
BBN Listing #: 14388096
Broker Reference #: 8434

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Business Overview:

Profitable, Well-known Austin Bakery for Sale

This 1,200 square foot Bakery for Sale has a decidedly cool, retro decor. It is on a well-known and well-travelled Austin road, in a very affluent, desirable area of town. This area has a lot of disposable income, making treats from this bakery a kind of affordable everyday luxury. Austinites know how to value a fantastic cupcake!?
This bakery, for sale by the Restaurant Brokers, was started by the current owner over a decade ago and is still going strong! The Seller’s Discretionary Earnings in 2020 were a substantial $240,000! $190,000 of that is on the bottom line, plus a manager receives $50,000 -- money that would be recouped by a full-time owner / operator. (The current owner, after many years in the bakery, is mostly hands-off at this point.)

And their cupcakes -- and everything else -- are decidedly fantastic. This Bakery for Sale has worked hard over the years, refining recipes to make their offerings both delicious and gorgeous. The menu includes cupcakes, cookies, cinnamon rolls, pies, cakes, and more. The cakes are exquisitely decorated, the kind of showstoppers you would expect from a bakery of this caliber.

The owner is moving, but the rest of the employees are not. Right now there are 8 full-time and 4 part-time employees. This lovely Bakery for Sale is open from 10am to 7pm.

The kitchen in this Bakery for Sale is fully loaded with all equipment necessary for a fully-functioning, high-output bakery, and the location has a grease trap. Equipment includes a Blodgett double stack electric oven, a 60qt Hobart mixer, a 20qt Avantco mixer, 2 Kitchen Aid mixers, a walk-in refrigerator, a reach-in refrigerator, 2 brand new Avantco bakery cases, 2 Federal bakery cases, an Espresso machine, and more.

Rent, including CAMS, is currently $3,494 per month, with a lease through 6/30/2022 and additional extensions available. This Bakery for Sale is a very low rent for Austin, especially this part of Austin!

This is a first-class, long-time, profitable Austin bakery for sale! Contact us for more information!

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Property Features and Assets:

Blodgett double stack electric oven 60 qt Hobart mixer 20 qt Avantco mixer 2 kitchen aid mixers Reach in refrigerator Walk in refrigerator Tabletop drink fridge 2 brand new Avantco bakery cases 1 refrigerated 1 dry 2 used Federal bakery cases 1 refrigerated 1 dry 2 printers Chest freezer Hamilton Beach microwave Dining room with tables and chairs currently not in use Espresso machine currently not in use

Market Competition and Expansion:

This bakery is in a great location, on a well-travelled road with a lot of different food options. There are few other bakeries, though, and the demand here is high.

Reason for Selling:

Relocation

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.

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