favorite
favorite
hide
unhide
flag

Posted

print

Established Cake Store with 2 locations. - $295,000

This is an incredible opportunity!

Owner is offering this limited chance to purchase this profitable and established business that was able to expand during the pandemic and inflation. The owner is the creator and founder of this business. The owner is selling to focus on expanding the business to other regions.

Gross Sales for 2023 are $280,000 with only two employees besides owner participation.

2023 profit margin is 47% ($132,000)
1st quarter 2024 profit margin is 54%
Jan, Feb, Mar. 2024 sales are currently up 10 to 15% from the same three months of 2023.

Asking $295,000.

THE CAKE SLICE by MK is offering multiple established and profitable locations with 3+ years of continuous operation and profitability.
Additional information can be provided to serious inquiries.

The first location is a commercial kitchen with a retail component. The second location is a satellite retail only location that is supplied by the first location. All FF&E's are included in asking price and are valued at approximately $50,000. The second Sparks location can be upgraded and connected to an existing grease interceptor for reduced costs. No locations carrying any debt and are in turn-key condition. *Earnings listing do not include any income from sub-tenants utilizing the kitchen. Current tenants are paying over 1/2 the rent of the kitchen and more are looking to rent every day. All located in the Reno, NV area.

There are Multiple Revenue Streams that can be tapped into beyond the in-store experience, THE CAKE SLICE by MK allows Owners to share our distinct brand with loved ones by catering events such as parties, baby showers, and more. We also utilize the internet delivery services. A custom cake designer can be added upon approval and this would dramatically increase sales with the upcharge on custom cakes.

The buyer(s) would be trained and supported by the owner. A major benefit of this purchase is the buyer would not have to go through the time and expense of finding locations, permitting, construction and all the other hurdles required before opening their first location.

THE CAKE SLICE by MK was created by Michelle Kitchen because there was nowhere to get really great gourmet homemade butter cake by the slice to satisfy the craving. THE CAKE SLICE by MK is revolutionizing the cake experience by offering the first and original butter cake by the slice concept in the nation characterized by exceptional product and service. Her exquisite product line is made from Michelle’s personal and closely guarded recipes that are one of a kind and can't be duplicated... not to mention her cooked buttercream icing and cream cheese frosting. People LOVE cake and it is the traditional dessert for many events and experiences. Everyone wants to celebrate a birthday, anniversary, birth, promotion, or just a reward for having a great day. Cake brings joy to life! Cake is something that everyone knows and craves and is a special experience.

THE CAKE SLICE by MK concept is unique in the fact that there is nowhere else in the world where you can get our handcrafted, most delicious cake made from scratch by the individual slice or an entire cake to impress your family or friends. You will give them an experience that you cannot get anywhere else.

This is a brand-new opportunity that Michelle is bringing to market, and this is your opportunity to get in on the ground floor of next food experience to sweep the nation and world. Cake sells itself. There are birthdays, promotions, anniversaries, and any other great day to celebrate it all.

See listing on BIZBUYSELL.COM

https://www.bizbuysell.com/listings/Profile/?q=2024968&l_ilp=1

post id: 7751283114

posted:

best of [?]

loading
reading
writing
saving
searching