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Working Bakery And Custom Cake Business For Sale
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $125000
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2010
Number of Employees 1 - 3
Inventory 25000-30000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Retirement
Description Asking $55,000 (price reduction drastically) for a fully operational working bakery in the Zanesville, Ohio area. No loans to assume on anything. The business for sale is currently owned outright and all equipment and inventory are paid for. All expenses are current. Building is leased at a VERY reasonable monthly rate but the business could easily be moved. In its current location, advertising paired with low expenses make it prime for ROI. Purchaser could potentially take the business in time for the holiday/wedding season boom in sales.
Purchaser needs to be aware that either experience with custom cakes is necessary or you would need to hire a professional cake designer with experience in fondant and gum paste/modeling chocolate in order to fulfill outstanding orders for future cakes. Purchaser would assume ownership of recipes, daily customer base, and business in totality. Seller willing to sign and adhere to a non-compete declaration. Buyer is welcome to negotiate with land owner to keep current property lease and/or renew it in January 2012.
Expenses are low and potential ROI is prime during the upcoming graduation/wedding/Easter season.
Purchaser is welcome to offer to keep current employee(s) or hire your own. Employee(s) are aware of the potential sale and supportive.
Current owner is looking to retire and invest time and resources in other interests.
All licenses are current through March 2012. Expansion to offer deli services or restaurant offerings would be fairly easily done and relatively inexpensive. Only need to get Health Department license as all kitchen equipment/requirements are already in place.
With the drastic reduction, sale price is not negotiable.
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