Office ID: #001058
Prime location fully equipped cookie, ice cream & dessert place in the affluent neighborhoods in Dallas is now available for an asset sale. This business is located in a 980 SF space of a retail strip center located next to a major intersection surrounded by affluent neighborhoods in Dallas. This area is one of the wealthy areas with an average annual household income of $228K within a mile. This area is well suited for fine dining or upscale dessert places that match the demographic of the area, but given the lack of dessert places and few competitors in the area, dessert businesses related to cakes, cookies, cupcakes, cookie cakes, dough treats, ice cream, etc. will fit perfectly with this area. In its inception year of 2018, this 980 SF baker has surpassed $638K in gross sales. With its prime location and state-of-art facility, the new owner will bring his business back to its previous days and reach its full potential if there is a pro-active marketing and owner's involvement in place. The business is looking for an energetic and creative entrepreneur who can take this business to the next level with the right concept that can better serve demographics of the area.
This business occupies a 980 SF space of a retail strip center located next to a major intersection with heavy traffics and is surrounded by many retail businesses and densely populated residential neighborhoods filled with high-income individuals with an average household income of $288K per year.
Given the demographics with a high household income of 228K within 1-mile, high-end dessert places targeted to high-income customers such as gelato, cupcakes, and cakes will be well-suited for this area. Also, since this area is an intersection where major roads meet, there are huge traffic counts throughout all day, and high exposure is definitely expected.
One competitor serving traditional ice cream and two other places serving cakes are in the immediate market area. But it will be still competitive if a new owner does a dessert-related business since this area is underserved with ice cream and dessert businesses.
Getting out of the food industry and looking for new opportunities
Seller will provide a smooth transition into the business.