2 Location Franchise Cakery with Low Rent 001230
Two location national franchise bakery with low rent is now available for your acquisition. Established by the current owners in 2016, this franchise business has exceptional margins as the combined rent for both locations is less than $3600, with COGS averaging 18 - 19% (Cost of Goods Sold). This bakery specializes in cupcakes and ice cream made in-house, keeping customers returning for more of its high-quality products. Both locations are in a retail strip center that is easily accessible and located in densely populated residential areas. The business has enormous potential as the two locations are open for minimal hours averaging only 33.5 business hours for the two locations. All the production is currently done at the primary location, and the products are delivered to the second location where the toppings are added and sold, only requiring a cashier to operate the second location. A new energetic owner can expand hours and increase the variety of products offered, along with additional marketing to double the current revenue easily.
Burnt - Out
Owner will provide ample training for a smooth transition into operation
This business is located in a SF retail strip center that is surrounded by numerous densely populated residential neighborhoods and heavy traffic from the major road that gives prime visibility to this business.
There are no direct competitors for this business as it offers a niche product.
This business is all about potential and growth. A buyer can do many things such as expanding business hours (the business is currently open minimal hours, averaging 33.5 hours between two stores), acquiring wholesale/distribution accounts, and introducing more products as the current product choices are very limited compared to other franchisees.
100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.