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Details - Information last confirmed on September 10, 2020
Prime location cake bakery established for decades in Dallas 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.
Furniture, Fixtures & Equipment: $50,000 (Included in listed price)
Inventory: $2,000 (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: 1989
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.
Support/Training: The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason Selling: Other Opportunities
Competition: There is no direct competitor that is within the immediate market area of this business.
Growth And Expansion: 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.
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.