NOT DISCLOSED, Minnesota
| Asking Price |
$90,000 |
Year Established |
2012 |
|
| Annual Revenue |
$316,597 |
Reason for Selling |
The current owner is looking to sell to pursue other professional endeavors. |
|
| Annual P/L |
$0 |
Attention |
Jacob Petersen |
|
| Annual Cash Flow |
$61,054 |
Listing Number |
1016818 |
|
| # of Employees |
3 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
Established over a decade ago within a premier shopping destination in Olmsted County, Minnesota, this highly profitable specialty retail confectionery offers an expansive selection of popular bulk sweets, nostalgic novelty confections, and premium chocolates. The business operates from a high-visibility storefront that benefits from consistent, year-round foot traffic driven by the county's robust professional and regional consumer base. Operating with an exceptional normalized gross profit margin of over 59%, the shop generates immediate, consistent trade cash flows. Because the business is priced at a highly attractive multiple of under two times discretionary earnings, the acquisition offers a rapid, low-risk capital payback period for an incoming owner.
The turnkey operation is fully equipped with specialized production machinery, custom retail displays, and a comprehensive library of hundreds of proprietary candy formulations. While daily retail tasks and basic food preparation are easily handled by a localized, trained staff, the seller (a master confectioner) is prepared to remain on-site as a salaried manager. This rare setup eliminates transition risk; it allows an acquiring owner to focus entirely on high-level business development and marketing. Highly attainable growth avenues are immediately available to a new owner, notably through expanding regional wholesale partnerships, targeting local corporate gifting, and launching online direct shipping.
Property Features and Assets:
<p>The business operates from a highly desirable commercial storefront in Olmsted County. Benefiting from steady foot traffic and premium visibility, the leased site features a modern retail design perfectly configured for customer self-service candy bins and on-site preparation. The lease holds a reasonable footprint, providing a turnkey setup for an incoming operator.<br></p><p>Assets = $100,000</p>
Market Competition and Expansion:
<p>The specialty confectionery sector enjoys steady demand driven by year-round gifting and sweet treats. While large-scale grocers sell pre-packaged items, they cannot match this shop's deep assortment of nostalgic sweets, popular freeze-dried items, and custom bulk candy bins. Local direct competition is highly limited, giving this storefront a strong, defensible market position.<br></p><p>An acquiring party can expand operations by launching direct shipping on the active website to capture regional e-commerce demand. Developing an active outreach program for local corporate gifting and event services offers immediate, high-margin revenue. Additional growth lies in setting up wholesale supply agreements with regional gift shops and boutique hospitality venues.<br></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 not a franchise resale opportunity