Custom Bakery and Wedding Cakes!

Mckinney, TX (Collin County) (Relocatable)

Seller Financing Available
Cake

Asking Price:$139,100

Cash Flow:$62,909

Gross Revenue:$225,697

EBITDA:$72,630

FF&E:$25,000

Inventory:$2,750

Rate/Sq. Ft.:$25.00

Established:2004

Custom Bakery and Wedding Cakes!

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Business Description

Hello,

This Custom Bakery specializes in wedding cakes and has been in business for 12 years! They are very well know in the area and industry and are located in a great area of Collin County. They have GREAT reviews and they close 82% of the brides that come in the door!

The Landlord is willing to sign a new lease and the UTILITIES ARE INCLUDED IN THE RENT!

They have 3 FT employees and 2 PT employees and the owner works around 50 hrs per week. The owner is retiring to spend more time with her children and grand children. The store is beautifully decorated and they have a lot of room in the 2,100 feet of space. The location is outstanding and there is A LOT of foot traffic and shops near the business.

This is a turn-key business and is ready for a new owner to continue the success!

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,100
Lease Expiration:
1/31/2017
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business has 2,100 square feet of space. There is $30,000 worth of Furniture, Fixtures, and Equipment included in the sale of the business. There is ample parking all around the business. There is one walk in freezer, three refrigerators, and much much more. The air conditioning units are brand new, new compressor in the walk in freezer and a new compressor in one of the refrigerators.
Competition:
This business has GREAT reviews and they are very well know in the industry.
Growth & Expansion:
Owner willing to discuss at a buyer/seller meeting.
Financing:
Negotiable
Support & Training:
The Seller is retiring from the business, but she will provide the necessary training and is also willing to work on a part-time basis for the new owner. She loves this business and desires to help the new owner if needed.
Reason for Selling:
Retirement

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Stephen R. Keilers

Business Listed By:
Stephen R. Keilers

Emersons Business Consulting

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