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Fast Growing Cakery In North Dallas, Dallas County For Sale

North Dallas, Dallas County, Texas, US
Asking Price:
$89,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$202,884
Cash Flow:
$37,126

Bakery business for sale serving custom cakes. A 13-year-established custom cake shop is now available for acquisition. This business specializes in wedding cakes & a variety of custom cakes ranging from graduation cakes, birthday cakes, seasonal/holiday cakes, cupcakes, cake pops/cookie cakes, etc. This business was established by the original owner in 2008 and was acquired by the current owner from the original owner in 2019.

Overall demographics of this cakery are a good mix of upper-middle class families and wedding customers of various ethnicities. This business has built a strong customer base since its inception in 2008, consisting of many solid repeat customers for event cakes. The gross sales of this cakery have been consistently growing at around 210K per year and continue to grow even under the pandemic. This is a great opportunity to acquire a well-established custom cake shop for a potential buyer willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the city.

Property Information

Real Estate:

Lease

Location:

The business occupies a 1,900 SF end-cap space of a retail strip center surrounded by densely populated residential neighborhoods. The area where this business is located is anchored by many retail businesses, restaurants, nationwide franchise fitness, etc., which generates high traffic. The facility was renovated in 2019, and all major kitchen equipment has been well-maintained and is in good working order.

Size in square feet:
1,900 SF

Business Operation

Expansion Potential:

The marketing of this business has been much more improved under the current ownership than when the previous owner operated it. The business website was newly built, adding an online store where customers can purchase cakes directly on the online menu. In addition, other online marketing is in place through Google Adware, wedding wire (online registry), social media outlets, etc. Currently, no online delivery platform, such as Uber Eats, DoorDash, or Grubhub, is set. Initiating 3rd party delivery service can greatly improve sales as the demand for delivery and take-out service is growing more than ever after the COVID-19 outbreak.

Competition / Market:

Although there are several competitors in the immediate market, this business has accumulated a large customer base through high-quality products and personalized service and continues to grow.

Reasons for selling:

Retirement

Employees:
2FT/2PT
Years established:
2008

Other Information

Support & training:

The owner will provide sufficient training for an agreed-upon period to allow the transition into the business as seamlessly as possible.

Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Furniture / Fixtures value:
$15,000 - included in the asking price
Inventory / Stock value:
$7,500 - included in the asking price
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