MergerPlace

Wedding & Specialty Cakes

Missouri (St. Louis city)


  • Asking Price: $135,000
  • Gross Income: $394,555
  • Cash Flow: $55,842
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $95,613
  • Listing ID: #209840
  • Established: 2009
  • Employees: 3 FT/ 3 PT

Business Description

This bakery specializes in wedding and specialty cakes and features a wide variety cupcake flavors. The Coffee and Drinks Menu is an attractive feature. In the 4th Quarter of 2016, the bakery suffered significant fire damage which caused the business to close for the remainder of 2016 and much of 2017 while the facility was being restored. The sales results for 2018 indicates the Bakery has recovered nicely and is going strong.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Missouri
County: St. Louis city

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT/ 3 PT

Financial Information

Asking Price: $135,000
Gross Revenue: $394,555
Cash Flow: $55,842
FF&E: $95,613
Seller Financing Available: No

Property Information

Facilities:

The bakery has 1,185 sq. ft. on the 1st-floor broken down as follows: Kitchen- 196 sf Freezer- 196 sf Decorating area- 551 fs Storefront- 351 sf Basement has an additional 1,185 sf which is used for storage Monthly rent of $3,000 on a 3-year triple net lease.

Growth & expansion opportunities:

A buyer could consider adding some non-desert items such as cold sandwiches and salads to the menu. A buyer could be more aggressive about adjusting prices.

Competition:

The bakery has a nice competitive advantage over similar bakeries with its well designed cupcake truck which can used for birthday parties and other special occasions.

Reason for selling:

Seller plans to relocate to another state.

Support & Training:

Will train for 2 weeks @ $0 cost. Since the bakery produces beautiful wedding and custom made cakes, an artistic flair is a helpful attribute.

Contact Business Seller

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Business Listed By:

Ray LeBlanc

Murphy Business Brokers