Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
Broker Contact Form
Name

Email

Phone

Comment


25-Year Established Bakery
(Food Related)
Dallas, Texas
Listed Price: $ 199,000
Listing ID: 000487

Listing DetailsDown Payment: $ 100,000
Gross Revenue: $ 388,596
Cash Flow: $ 95,459
FFE: $ 50,000 (Included in Price)
Inventory: $ 2,000 (Included in Price)
Reason for Sale:

Other Opportunities


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Prime location cake bakery established for decades is available for acquisition. This business was originally established over two decades ago in 1989 by the current owner of the business. While competition is expected for this type of business, this bakery is the only business specialized in production of cakes within the immediate market area. Most of the customers are individuals from the surrounding clusters of office buildings and the fully staffed medical center. There are still numerous sources other than the above mentioned that are either from restaurants or the nearby densely populated residential neighborhoods that make the customer base. Net sales average was $480,000/year in the previous year of operation that has drastically grown due to word of mouth and online marketing campaign with their website. The sales of this business can easily be increased if the owner of the business proactively markets on online resources and locally within the various corporate buildings that is in the city. There are many ways to proactively market this business such as direct mailing, social media outlets, optimize website, door hangers on office buildings, planned events, and extension of delivery hours. Delivery service is offered early within the day and expanding the operation hours of delivery is needed to expand the potential acquisition of new customers. As a specialized cake bakery, this business has a wide selection of cake flavors, premium flavors, sizes, type of cake, and types of toppings that can be requested. This business has been increasing in sales and can easily generate more cash flow with a potential buyer that is willing to proactively market this bakery as well as be fully involved in the day-to-day operations.


Competition:

There is no direct competitor that is within the immediate market area of this business.


Potential Growth:

Some marketing is currently done through online sources, but other methods of proactive marketing are needed to truly generate more sales and acquire more customers.


Financing/Terms:

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


LocationSquare Footage: 1707
Facilities:

This business is located in a 1,707 SF retail strip center surrounded numerous office buildings and retail businesses. All equipment is in impeccable condition and in working order.


OperationYear Established: 1989
Employees: 2FT/3PT
Absentee Owner: No