$650K Revenue $120K Net 50% Custom Cake Business For Sale

Brooklyn, New York, US, ID 194732

$650K Revenue $120K Net 50% Custom Cake Business For Sale 1
$650K Revenue $120K Net 50% Custom Cake Business For Sale 1
Asking price:
On request
Owner
Owner's representative

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Description

Business established in 1993 with more than 30 years of operating history.

Annual revenue is approximately $650,000, with net profit of about $120,000.

Financials

  • Annual revenue: approximately $650,000
  • Annual net profit: approximately $120,000

The owner is currently involved about three days per week.

Custom cakes account for roughly half of total sales. The remaining revenue comes from retail, wholesale and other customer orders.

The staff currently working in the business is expected to remain after the sale.

Equipment, technology and the current process used for custom cake production are part of the business.

Much of the customer traffic comes from repeat business and referrals. Marketing spend has remained relatively low.

The shop is located on an active avenue. The exact address is released after a confidentiality agreement is signed.

Other Details

  • Established: 1993
  • Owner involvement: approximately 3 days per week
  • Custom cake sales: approximately 50% of revenue
  • Asking price: not provided
  • Rent: not provided
  • Employee count: not provided
  • Exact location: confidential

Details

Real Estate: Lease
Reason for selling: Pursuing other opportunities

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