Listing ID: 76947
For the love of COOKIES! This is a great opportunity to purchase a profitable bakery with growing online business! The bakery specializes in custom cookies and brownies with gluten free and vegan options! The bakery has enjoyed a long history of growth, developing a strong reputation and loyal customer base due to its constant innovation, high quality products and excellent service. The bakery has been featured in multiple top news outlets, has celebrity and premiere corporate clients, and is known for creating exquisite custom and artistic baked goods. The bakery has a solid infrastructure in place for a buyer to step in and grow the business. The business has great books and records, is completely turn-key, and is prime for expansion! This is a great opportunity for a buyer to step in and take this bakery to the next level! Inquire Now! Email: email@example.com
- Asking Price: $400,000
- Cash Flow: $180,408
- Gross Revenue: $1,135,393
- EBITDA: N/A
- FF&E: $150,000
- Inventory: $10,000
- Inventory Included: Yes
- Established: 2002
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:5,400
- Lot Size:N/A
- Total Number of Employees:10
- Furniture, Fixtures and Equipment:N/A
Moving on to other business opportunities
The company was started in 2002, making the business 20 years old.
The deal will include inventory valued at $10,000, which is included in the listing price.
The business has 10FT, 1PT employees and is situated in a building with estimated square footage of 5,400 sq ft.
The building is leased by the company for $7,500 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people choose to sell businesses. Nevertheless, the true reason and the one they tell you might be 2 absolutely different things. As an example, they may state "I have too many various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might simply be reasons to try to conceal the reality of transforming demographics, increased competition, current decrease in incomes, or a range of other reasons. This is why it is really vital that you not rely totally on a vendor's word, but instead, utilize the vendor's answer in conjunction with your overall due diligence. This will paint a more practical picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Numerous businesses finance loans with the purpose of covering points such as stock, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that earnings margins are too small. Numerous companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that have to be fulfilled or may lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in new customers? Often times, operating businesses have repeat clients, which create the core of their everyday earnings. Specific aspects such as brand-new competition growing up around the location, road building and construction, as well as employee turnover can impact repeat consumers and also adversely influence future profits. One crucial thing to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business on a regular basis, the higher the chance to develop a returning customer base. A final idea is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? How might the local typical family income impact future revenue potential?