A traditional bakery with classic Artisan French and American pastries, bread, and desserts crafted with quality ingredients baked daily from scratch and an array of unique beverages is available for your acquisition. This bakery was established in 2018 by the current owner and has seen consistent revenue growth with double-digit year-over-year gains even with the pandemic and is projected to keep growing as demand continues to grow in alignment with the growing population in the area. The approximate gross sales in 2019 was $480,000 and grew to $550,000 in 2020 and $650,000 in 2021. Located in one of the more affluent and fastest-growing markets of North Dallas, demand for such quality products will only increase significantly. This establishment has a simple website along with other social media platforms for marketing purposes, but referrals and word of mouth have been the most effective type of marketing thus far. All the furniture, fixture, and equipment are in excellent shape as the owner has maintained them extremely well by having a strict cleaning schedule in place since its establishment. The major baking equipment and the espresso machine are state-of-the-art machines, which optimize efficiency and guarantee the consistency of the pastries and the drinks. There are multiple avenues buyers can do to increase revenue exponentially and immediately without changing the core of the business. The new owner can expand business hours, acquire multiple wholesale accounts, and open additional locations to accommodate customers visiting from outside of its immediate market area. Although there are few direct competitors that sell similar products in the area, none can compete with this establishment's high quality, attention to detail, superior customer service, and introduction of seasonal and special occasion items. Keeping quality and consistency with its rotating menu will be key to keeping this business steadily growing and by adding wholesale accounts, expanding business hours, and more aggressive marketing, the new owner can expect to grow this business into a bakery with the highest sales in the DFW metroplex.
- Asking Price:
- $450,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Cash Flow:
- Real Estate:
The business is located in a 1,830 SF retail strip center on the intersection of two of the heavier traffic roads in the area in an affluent, rapidly growing densely populated residential neighborhood. This bakery features an open concept kitchen with the input and inspired by one of the world’s most renowned bakery chefs, where it provides customers direct access to information about the establishment's operations, professionalism, and culinary excellence. All equipment and assets are in excellent condition as the business maintains a strict cleaning and maintenance schedule.
- Size in square feet:
- 1,830 SF
- Expansion Potential:
The business is only open for 5 days and limited hours. The potential buyer could extend the business hours and the overall revenue would increase significantly. Acquiring wholesale accounts with the local coffee shops and with the local sporting team events and offering catering to local medical offices could increase the overall revenue. Third-party delivery services can be implemented, but inventory management is crucial as the supply is limited and may not be available when the order is placed.
- Competition / Market:
There are other generic bakeries and those that are located inside the nationwide supermarkets in the area, but the mass-produced and quick bread are not considered as direct competition as this business provides superior quality pastries and a variety of items depending on the special occasions and holidays.
- Reasons for selling:
- Years established:
- Support & training:
The owner of the business will provide 4 weeks of training to smoothly transition into the business operation and to help develop a plan for the upcoming year.
- Financing available:
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price