Listing ID: 73480
This bakery specializes in Cupcakes but has other tasty sweets as well, including, occasion cakes, cookies etc.. This is a franchise of over 60 around the country. They are selling an already established location in the Polaris part of town. The location is an excellent spot with great visibility and easy access. The corporate is selling looking for a new owner/operated franchisee to make this a great business.
The location is a small but really cute space. It has a nice display and a fantastic kitchen, loaded with what you need to bake bake & bake.
The space is 1633 sq ft with a rent of about $3000 month
The franchise will NOT charge a transfer fee- Get Started at a real low price
This is a very popular alternative for the standard serving at Weddings, Birthdays, Showers, special orders, and other events
- Asking Price: $15,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
1633 Sq ft with exciting entryway and a kitchen that will impress
The Franchise will train you
Corporate selling to franchisee
Owner/Operator can build this into a great business by running it and marketing it
This Business Is An Established Franchise
The real estate is leased by the business for $3,000 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals decide to sell operating businesses. Nevertheless, the real factor and the one they say to you might be 2 totally different things. As an example, they may say "I have too many various commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may simply be justifications to try to conceal the reality of transforming demographics, increased competitors, recent reduction in incomes, or an array of various other reasons. This is why it is really vital that you not rely absolutely on a vendor's word, but instead, make use of the seller's response combined with your general due diligence. This will paint a much more reasonable image of the business's present scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses borrow money so as to cover points such as inventory, payroll, accounts payable, etc. Remember that sometimes this can imply that profit margins are too small. Lots of businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that should be fulfilled or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area bring in new clients? Most times, companies have repeat clients, which develop the core of their everyday earnings. Particular factors such as new competition growing up around the location, road construction, and also staff turn over can impact repeat customers as well as negatively affect future revenues. One important 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 people that see the business regularly, the greater the opportunity to build a returning customer base. A last idea is the general area demographics. Is the business placed in a largely populated city, or is it situated on the outskirts of town? How might the neighborhood mean home earnings influence future revenue prospects?