Renown Bakery Absentee Ownership In Dallas For Sale

Business description

Exceptional, world class bakery currently supervised by an owner working less than 20 hours on-site. Creative confections are the specialty of this highly profitable bakery: a birthday….a graduation….a wedding…. just because. In the course of 20 years this bakery has mastered all these special occasion cakes and other plus many more delights. Wedding cakes, groom’s cakes, cheesecakes, cupcakes and small packages for anniversary celebrations are just some of the many masterpieces created here. The bakery's revenue is well diversified coming from three sources: 8 - 10% wholesale accounts, 47% special occasion, 45% weddings and is very busy throughout the entire year. Sales for the first six months of 2011 are up 22.6% over the same period 2010; which estimates cash flow for 2011 to be $185,883. Profit margins are high and provide strong profits for the owner. This business is currently operated on an absentee basis. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at ------------. For more about the buying process, go to ---.---------.---.

Property information

Real Estate:

Lease

Premises details:

2030 sq ft, $4498.00

Business Operation

Reasons for selling:

Relocation

Employees:

Full Time: 3, Part Time: 1

Years established:

22

Other information

Financing available:

Downpayment Required: $240,000
Monthly Payroll: $9,794
Financing is Available

Furniture / Fixtures value:

$50,000 (included in the asking price)