NOT DISCLOSED, Arizona
| Asking Price |
$67,000 |
Year Established |
2019 |
|
| Annual Revenue |
$118,644 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Phil Goatley |
|
| Annual Cash Flow |
$36,926 |
Listing Number |
996057 |
|
| # of Employees |
2 |
Business Category |
Food & Beverage: Production - Bakery, Farms, Winery |
|
Business Overview:
Well known and rapidly growing specialty bakery offering a variety of specialty cakes and cupcakes, including gluten-free options is available for sale! This bakery has a great local reputation and outstanding online reviews, with a wide variety of offerings ranging from beautiful wedding cakes, custom birthday cakes, and custom cupcakes with gluten free, dairy free, and egg free/vegan options as well. Total sales have increased each of the last 3 years, showing how its reputation and popularity have increased over time, making it a great investment opportunity for the future as well!
Property Features and Assets:
<p>Facilities<br>The equipment is only six years old, and still in great condition. The equipment has been cleaned consistently to a high standard and has yet to provide any issues.<br></p><p><br></p><p>Monthly Rent<br>$833,00<br></p><p>Lease Expiration Date<br>July 31, 2026, 12:00:00 AM<br><br></p>
Market Competition and Expansion:
<p>There is no nearby competition that offers custom cakes, wedding cakes, or anything similar to what this business sells. There are local supermarkets nearby that sell birthday cakes and such but nothing similar to the custom work this business does.<br></p><p><br></p><p><br></p><p>There is a lot of potential growth that could be created by extending the hours of operation, there are plenty of customers that have commented about opening earlier, etc.<br><br>Another area of potential growth is that the business is constantly turning down orders due to the owners not wanting to work more than their standard hours weekly, so with additional employees or more hours invested more work would be available. There is also a week notice for orders, shortening that could also lead to additional volume of orders. They also do not currently offer cof<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