30 year old Bakery - Reduced!!!

Addison, TX (Dallas County)

30 year old Bakery - Reduced!!!
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Asking Price: $329,000

Cash Flow: $143,000

Gross Revenue: $604,000

EBITDA: $143,000

FF&E: $10,000

Inventory: $20,000

Rent: $3,200 /Month

Established: 1988

30 year old Bakery - Reduced!!!

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Business Description

This Bakery & Wedding Cake business is located in Dallas, TX, and has been serving the greater North Texas community for over 30 years in the same location! The business is located in a great retail location on a busy street with over 2,700 square feet for showroom and work area.

The customer mix is future brides, hotels, wedding planners, corporation event planners and other event planners from all over North Texas. This business constantly maintains dozens of future orders on their books. The business never money on an order. Cake orders are secured with a 50% deposit, and the balance is due thirty days prior to delivery. Weddings have evolved into almost a year-round event so the business enjoys steady cash flow year-round. And for the slightly slower months of December and January, they produce and ship liqueur Bundt cakes all over the country.

The store is completely outfitted with excellent equipment including coolers and oven. The baking area has multiple work spaces complete with water and sinks. The store is beautifully decorated to create a wedding ambience that Brides enjoy while they plan and taste samples of over twenty available cakes. All fixtures and displays stay with the business. The store’s name is synonymous with wedding cakes in north Texas, and it comes with a website of the same name, and the same phone number for over 30 years!

The owner has operated the business for many, many years and is now ready to retire. The wedding cake business does not require a new owner with knowledge of baking or weddings. The recipes come with the business and employees simply follow them when baking the cakes.

Although the business is profitable, the owner has done very little marketing or customer development. This business should take advantage of building relationships with more wedding planners and event venues. This is a great opportunity for someone to step into a profitable business that is easy to manage and grow it even bigger.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,742
Lease Expiration:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Owner retiring
Business Website:
http://www.deliciouscakes.com
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John Harris

Business Listed By:
John Harris

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Sponsoring Broker:
Larry Lane

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