Business Overview:
THIS BUSINESS IS BEING SOLD AS AN ASSET SALE!
Sometimes businesses sell as asset sales, meaning that there will be limited financial information to base your decision on. Some Information will be provided on this listing as to costs the new buyer will incur but the decision to purchase the business will not be based on historical financials. Some examples of reasons why a business would transfer this way: The business is too new and doesn’t have any financial data, poor bookkeeping, the business isn’t showing a profit, the seller ran out of capital, or the seller is unwilling to provide any historical information.
Purchasing an asset sale business can be good bargain if: you are considering opening a similar business from scratch. Often businesses need two or more years to become profitable. Buying an asset sale business can help you hit the ground running with some sales and usually for much less money that it cost to start out brand new. Brand new businesses startup cost could include architect plans, build outs, cost to acquire staff, equipment, signage, websites, social media creations, database of clientele, etc. Many people purchase businesses this way. They see an opportunity to buy a business and use their unique ability to improve it, however, you must thoroughly vet whether this is good opportunity for you.
During the first season, they received numerous calls and emails for large corporate orders who wanted to ship gingerbread houses nationwide. With this possible financial gain, they began to experiment with how to ship gingerbread houses safely. The following season, the owner and her small team shipped hundreds of houses along with local deliveries within a commercial kitchen setting. In 2021 the necessary step was to scale, move into a much larger commercial kitchen and warehouse. For the 2022 season they realized they needed to outsource the most time-consuming bakery items. They now successfully outsource custom gingerbread house pieces from Indonesia, and a custom fondant snowman, and royal icing trees come from Thailand.
They receive hundreds of orders every year, turning away hundreds of orders as well. The demand for a personal, festive, and unique holiday gift is huge. They have developed a name in the Orange and Los Angeles counties.
Delivering to businesses, individuals, and celebrities. They ship nationwide and internationally. They have long time customers who order every year from them. All of this has been done by the owner advertising on social media for a few days in Nov. and Dec. It has huge potential to grow by leaps and bounds by adding more assistance.
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Property Features and Assets:
Asset Sale
Market Competition and Expansion:
COMPETITION Competition is relatively low. There are only two other makers (one on the West Coast and one on the East Coast) however this company easily stands out from the competition. Their gingerbread houses contain; loads of candy, customization on request, lighting, and other special touches for all the premium houses.
Reason for Selling:
Moving out of country.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
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