Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Gourmet Mom & Pop Bakery Shop in Fast Growing City
(Food Related)
Tarrant, Texas
Listed Price: $ 69,000
Listing ID: 000876

Listing DetailsDown Payment: $ 34,500
Gross Revenue: $ 160,997
Cash Flow: $ 35,000
FFE: $ 45,000 (Included in Price)
Inventory: $ 1,000 (Included in Price)
Reason for Sale:

Looking for other opportunities


Training & Support:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

Specialized gourmet dessert bakery in fast developing city is now available for acquisition. This business was established 4 years ago in 2015 by the current owner of the business. This bakery occupies a 1,125 SF retail strip center space next to a busy intersection with heavy traffic coming from nearby major highways and surrounded by densely populated residential neighborhoods. Quite a few corporate competitors are within the immediate market area, but this is upscale gourmet bakery that offers a fine, variety of quality baked goods with over 50 menu items range from cupcakes, gourmet cakes, cookies, cake balls, homemade pies, custom designed trend cakes etc. is far superior than any other competitors in immediate market area. Most of the customers are upper-class individuals of well-mixed demographics that reside in the surrounding neighborhoods as well as customers from the nearby retail businesses and fitness center that anchors this business. Gross sales have been consistent for the last several years in the range of $13,000 to $14,000 per month with limited marketing and advertising in the local area. Although marketing is currently done on social media outlets, other proactive marketing methods needs to be fully utilized to generate more cash flow and acquire new customers from untapped area within the city. There are many ways to proactively market this business such as direct mailing, flyers, social media outlets, coupons, delivery service, 3rd party delivery service, catering service, food events etc. This business has large potential to grow sales by expanding the services into wedding cakes which in most scenarios it will bring a huge increase to the sales since there is not much marketing on wedding cakes that needs to be done once started and the margins will be fantastic. This unique gourmet bakery has done very well with its ground works, poised for next level growth. This will be a great opportunity for the potential buyer to expand and grow for further success by getting more involved in the day-to-day business operation and conducting pro-active marketing.


Competition:

Few corporate competitors are within the immediate market area, but these competitors sell average products while this business provides an assortment of gourmet baked goods.


Potential Growth:

Expanding the services into wedding cakes will bring a huge boost to the sales as the wedding industry will synergize well with this business.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.


LocationSquare Footage: 1125
Facilities:

This business is located in a 1,125 SF space of a high traffic retail center and next to an extremely busy intersection.


OperationYear Established: 2015
Employees: 1FT
Absentee Owner: No