Cupcake Bakery - League City Area
This bakery specializes in baking a large variety of cupcakes for retail sales and corporate accounts. Retail sales include walk in customers, birthday parties, and weddings. Commercial accounts include daycare centers, churches, chamber of commerce, wedding planners, assisted living centers, and charitable events. Additional sales are derived from ice cream products and beverages. The shop is located in a busy shopping center with ample parking and excellent viability. The facilities include a large show room with glass show cases for display of cupcakes, customer sitting area, and a large kitchen. Seller will train and willing to provide seller financing.
Listed By: Jeffrey Jones
Background information
Reference:
82482
Year established:
2018
Reason selling:
Health issues
Finance
Sales:
$210,947
Profits:
$55,887
Profit type:
Discretionary Earnings
Operations
Employees:
Owner plus 1 FT and 3 PT employees.
Equipment:
Equipment includes convection oven, refrigerators, freezers, display cases, microwave evens, dough mixers, tables, chairs & much more.
Inventory:
$3,500 average inventory on hand.
Premises
Square footage:
1,260
Rent and lease terms:
$2,362.50 P/M base rent. Lease expires 4-30-23, plus 2 five year options to renew.
Location:
League City Area southeast of Houston.
Price and terms
Price:
$120,000
Down payment:
$40,002
Financing:
$40,000 cash down and $80,000 Seller note payable for 60 months at 6% interest = $1,546.62 P/M.
Training:
As needed