Profitable, High Demand Custom Cake Shop - Motivated Seller

, Texas 11 views 0 favorites

Financial Highlights
Asking Price
$65,000
Revenue
$104,000
Business Description

Boutique specialty bakery producing custom cakes for weddings, birthdays, and other special events. Started in late 2018, but founder encountered health issues and was forced to stop working, handing the reigns over to the current owners. Current owners restarted operations in May 2021. Sales have grown each month since then with zero advertising and only being open 4 days a week. Currently being operated at minimal capacity due to owner's time limitations. Absolutely no spending on advertising, social media, promotions, or sales. Potential growth opportunities abound. Extremely positive reviews, amazing customer loyalty, and outstanding word-of-mouth have allows the business to turn down more orders than it accepts and filling its schedule several weeks in advance. Most orders are initiated remotely using phone, text, and/or email. All payments are handled online. All sales are currently made-to-order with no retail component. Additional revenue opportunities exist if retail component is added, possibly ready-made cakes, cupcakes, and other treats. Existing location has retail area available which is not currently being utilized. Business is open only 4 full days a week. Expanding business hours could significantly increase sales and volume. Demand is growing but current owners will be relocating out of Texas soon for educational pursuits, and want to find a new owner that will keep the business growing and thriving. Current owner had little to no experience but learned everything from founder. All this knowledge will be passed along to ensure continued success. Location: Houston, Texas Year Established: 2018 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 1,000 Rent: $1,950.00 Per Month Lease Expiration: 4/30/2026 Facilities: Located within large and densely populated suburban Northwest side of Houston. 1,000 square feet of commercial/retail space including commercial kitchen (without range). Walk-in cooler, commercial ovens, etc. Retail front area with large refrigerated display cases not currently being utilized. Market Outlook/ Competition: Currently no advertising of any kind is being used other than having a website and social media accounts. Inquiries for cakes far exceed the number accepted. Owner is currently limiting the quantity of orders due to limited personal time availability. Additional employees would increase capacity. With COVID-19 lifting, more celebration events are occurring and demand has been steadily increasing. Schedule usually fills up several weeks in advance with some orders taken 12+ months in advance. Growth & Expansion: Currently, business only makes custom cakes and cupcakes with almost no walk-in retail business. Growth opportunities are numerous and include expanding to cookies and other pastries which are requested by customers frequently. Having ready-to-sell products would be an immediate source of revenue as walk-ins occur daily but are turned-away. Promotions and sales could also attract additional sales. Expanding hours of operation could significantly increase capacity and sales. Shop is currently open only 4 full days a week, for fewer than 8 hours a day.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 14, 2022

Updated: 6 hours ago

Views: 11

Favorites: 0