NOT DISCLOSED, Maryland
| Asking Price |
$170,000 |
Year Established |
2023 |
|
| Annual Revenue |
$348,954 |
Reason for Selling |
Owner is looking to focus on other interests. |
|
| Annual P/L |
$0 |
Attention |
Phil Bongiorno |
|
| Annual Cash Flow |
$43,391 |
Listing Number |
1009696 |
|
| # of Employees |
7 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
Great opportunity to take over a well-known and nationally recognized gourmet bakery franchise serving the greater Baltimore metro area. The location was founded in 2023 and has quickly established itself as the go-to “one-stop shop” for a wide variety of indulgent sweet treats. The top selling item are scratch-made cinnamon rolls with a variety of toppings and frostings allowing customers to customize these decadent freshly baked goods. The bakery also features a variety of cookies, brownies, edible cookie dough along with a number of seasonal items and desserts – all prepared daily, which keeps things exciting and fresh!
The bakery is located in a high-traffic area with strong visibility and accessibility. The unique blend of products allows the business to serve not just the immediate area, but also draw customers from surrounding cities. The commitment to quality, creativity, and community makes the business a standout in the ever-popular dessert and bakery space. The franchise has an excellent reputation and is growing with new franchises being added all over the country. There are limited competitors providing this level of customization, making this is an attractive way to enter the industry without the headaches, time, and expenses of starting a new concept from scratch.
The franchise is well-known and growing in the market with strong brand recognition as one of the premier names in the bake shop industry. They cater all events, large and small, including weddings, conferences, and conventions. The business has a fantastic reputation with a team of employees in place making this a true turnkey opportunity that’s ready for a new owner. The owners spent much time, effort, and capital during the initial buildout, but a desire to focus on other interests has led them to a position where they are looking to sell. Please contact us today to learn more!
Property Features and Assets:
<p>The bakery is situated in a bustling retail shopping center with well-known anchor businesses and many other complementary stores, with a nice mix of commercial and residential development and very good foot traffic. There is also a significant residential presence in close proximity. The store consists of a front of house, a back of house, and bathroom. The space is leased for $4,243.60/month plus ~$500 in CAM/taxes. The current lease runs through September of 2032 and there are two 5 year options available.<br></p>
Market Competition and Expansion:
<p>Competition: There is limited direct competition as this business has carved out a niche in the market. The depth and uniqueness of their offerings draws customers from all over the Baltimore metro area. </p><p> </p><p>Growth & Expansion: There is room for growth and expansion. A new owner may want to consider implementing a new marketing and advertising campaign to create awareness of the business. The current owner has built strong community partnerships and catering services that provide a strong base to build upon.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity