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Over 15-year established upscale bakery specializing in custom cakes and cupcakes is now available for acquisition. This business was originally established by the current owner in 2004 and has relocated to the current location in 2017 as the business has outgrown the space at the previous location. Right after the relocation, the facility was completely renovated at the cost of over $100K. This business is located in a 1,300 SF space of a retail strip center just off from the major highway, surrounded by an extremely high-income residential neighborhood and an enormous presence of retail chains. Various menu items are prepared by professional bakers and cake designers ranging from cupcakes, dessert cakes, wedding cakes, toppers & flutes, and it also provides custom cake orders to accommodate all kinds of customer's preferences. The majority of the customers are high-income Caucasian individuals and a good mix of various ethnic groups from the nearby affluent residential area. Competition is expected in this industry, but this business has built up its solid customer base that has been accumulated in the last 16 years of operation by not only providing a strong product line and exceptional customer service but also providing custom-design cakes that have differentiated itself from the competition. Few competitors are still within the immediate market area, but this is the only cake shop that offers custom cakes and cupcakes. Revenues have been growing every year, running at around 250K-280K per year over the last several years, but the growth has been temporarily halted due to COVID-19 in 2020. Although some online marketing is in place through social media outlets such as Facebook and Instagram, more pro-active marketing methods need to be utilized to achieve maximum income potential as well as to grow the customer base beyond the immediate market area. Focusing on acquiring wholesale or corporate accounts for catering from nearby corporate offices and headquarters, medical offices, car dealerships, schools, churches, etc. can also have an immediate effect on the overall sales. This business still has great potential as this bakery has been known as the best bakery in the area by the local community, and the demand for custom cakes and cupcakes is increasing through social media marketing. This is a great opportunity to acquire a well-established upscale bakery for a potential buyer who is willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the city.

Furniture, Fixtures & Equipment: $120,000 (Included in listed price)
Inventory: $7,500 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2004
Employees: 3FT/1PT

Facilities: The business is occupied in a 1,300 SF space of a retail strip center located in a prime location surrounded by the national grocery market and an enormous presence of retail chains with heavy traffic. This business was relocated to the current location in 2017 and completely renovated right after the relocation. The condition of all equipment and facilities are in excellent condition. All equipment and facility are in excellent condition and in great working order.
Support/Training: The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Reason Selling: R...

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.