Highly Acclaimed Bakery & Wedding Cake Business...

Confidential, CO

Asking Price: Annual Revenue:
$700,000 $2,300,000

Food & Beverage: Convenience Stores

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RE: Highly Acclaimed Bakery & Wedding Cake Business... Broker: Ed Sadler

Quick Facts

Asking Price: $700,000
Annual Revenue: $2,300,000
Net Profit: Not Disclosed
Cash Flow: $285,000
Total Debt: Not Disclosed
FF&E: $307,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 36
BBN Listing #: 103862913
Broker Reference #: DENVECO002-N4

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Business Overview:

This well established and highly acclaimed bakery, with a very successful wedding cake business as a key driver, is being offered for sale; it is located in the Greater Boulder, CO Metropolitan area. Established almost ten years ago, this bakery and it's various offerings have grown rapidly in recent years. Sales more than doubled in 2021 to $1.8 million and are projected to exceed $2 million in 2022 which is expected to be it's most profitable year yet with Sellers Discretionary Earnings approaching $285,000. The Asking Price of $700,000 includes over $306,000 in furniture, fixtures, and equipment and approximately $120,000 of inventory. This bakery is the preferred and, in certain cases, the exclusive provider of wedding cakes for over 30 venues throughout Northern Colorado. It is now creating, making and delivering over one thousand wedding cakes per year. There are also two smaller but distinct culinary offerings under the same roof as the bakery. While the industry was hard by the COVID pandemic, this business never had to close and, in fact, its 2020 sales were slightly higher than 2019. The facility is large at 6,660 square feet and there is a long-term lease agreement in place through 2030. The bakery owner expects there to be a smooth transfer of the lease to a buyer. The owner actively manages the bakery but there is also a full-time manager in place who is expected to remain with the business under new ownership. This is a turn-key opportunity to own an established, rapidly growing bakery in one of Colorado's most exciting regions. Located in a shopping plaza, this is a fully utilized 6,660 square foot facility. It includes several different dedicated spaces including the bakery and wedding cake back-of-house space; two other, smaller sections with different culinary offerings; an outdoor patio / seating area, and a well-designed indoor common sitting area. The triple net lease, which expires December 31, 2029, is assignable. Current base rent is $11,655 per month.

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Reason for Selling:

The owner plans to spend more time with her two young children while also exploring other business opportunities.

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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