Bakery Shop for Sale in Prime Northeast Dallas Location 001354
Price: $130,000
Location: Dallas County, Texas
Industry: Restaurants & Food/Bakeries
Listing ID: 001354
Bakery shop for sale! A franchise bakery with steadily growing sales in prime East Dallas is now available for acquisition! Established in 2019 by the current owners, this business experienced rapid success in its first year. Despite the challenges presented by COVID-19 in 2020, the bakery persevered and continued to serve its loyal customers. As a result, sales have steadily grown in 2021 and beyond. This bakery specializes in freshly baked cupcakes and cakes, other baked goods, ice cream, and drinks. The cupcakes and cakes can be customized for birthdays or any other occasion.
The business benefits greatly from its location in a bustling and popular area. Situated within a retail strip center anchored by a prominent national grocery and retailer, as well as other food establishments and small businesses, the business enjoys a steady stream of foot traffic. The customer base is diverse, comprising individuals and families from all age groups, ranging from 20 to 80 years old. Additionally, the business has recently secured a wholesale account. The immediate vicinity lacks any direct competitors, and this bakery thrives in a sought-after location, boasting a devoted customer base. Alongside its prime location, the bakery owes its success to its exceptional customer service and high-quality products.
The bakery's sales are poised for continued growth. Expanding the product selection and implementing proactive marketing efforts can be used to accelerate this growth. There is also untapped potential within the store's available space, which can be utilized to introduce an additional concept. For instance, selling balloons and gift cards, expanding coffee sales, and offering other merchandise that aligns with the preferences of the local market could be another avenue for growth.
The owner is actively involved in the operation as upper management, doing some baking, overseeing the employees, handling inventory, ordering, quality control, and interacting with clients. This would be a great opportunity for a qualified buyer with industry experience to take the reigns and continue to lead this bakery on its successful trajectory.
Down Payment: $65,000
Total Sales: $385,353
Cash Flow: $64,900
Inventory: $3,000 (Included in listed price)
FFE: $25,000 (Included in listed price)
Owner Financing: No
Franchise: Yes
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Retirement
Training & Support:
The owner will provide two weeks of training for a business transition.
Year Established: 2019
Employees: 2FT/6PT
Absentee Owner: No
Square Footage: 1,706 SF
Facilities Information:
The business greatly benefits from its prime location in a bustling and popular area. It occupies a 1,706 sq. ft. space within a retail strip center that is anchored by a prominent national grocery and retailer, alongside other food establishments and small businesses. Notably, the business is featured on the shopping center's pylon sign, granting it high visibility, and enjoys convenient accessibility. Moreover, the immediate area experiences a significant amount of foot traffic.
Competition:
Few competitors in the immediate area, and this bakery thrives in a sought-after location, boasting a devoted customer base. Alongside its prime location, the bakery stands out with its exceptional customer service, high-quality products, and competitive prices.
Potential Growth:
The bakery is positioned for continued sales growth. A new owner could explore expanding the product selection and implementing proactive marketing efforts to accelerate this growth. Social media platforms, direct mailing, punch cards, and flyers are some ways to market the business proactively. The untapped potential within the store's available space can be leveraged to introduce a new concept. For example, offering small retail items such as balloons, gift cards, and coffee products, along with other merchandise that aligns with the local market's preferences, presents another opportunity for growth.
Financing/Terms:
100% cash at closing or SBA Express loan with 50% cash down payment.
