Last Revised: 9/12/19. Posting #: 249463
Key Words: bakery, cakes, cake bakery, party cakes, wedding cakes, dessert, sacramento, citrus heights
Financial Info: Price: $110,000. Down: Call. Adjusted Net: $64,000. Annual Revenues: $161,000. Total rent is only $3,210/month.
Profile: New asking price: $110K! Owners are preparing for retirement and ready to entertain offers!
Have a passion for cake decorating and ready to showcase your artistic skills? This opportunity to own a profitable custom cake bakery might be perfect for you!
This business has a long-established reputation as one of the best places in the Sacramento area to order special cakes for celebrations. The current owner focuses mostly on party cakes but there is some wedding cake business. Wedding and reception cakes represents an area that the next owner could grow the business if they chose but the current fun focused cakes are profitable. There is a small retail component that also adds to the income.
The shop is set up for baking with type 1 hood (no ansul), two large ovens, big mixers, a double walk-in frig and freezer, and everything you need. The space is approximately 1,500 sq. ft. with total rent only $3,210/month! The owner has enjoyed the customer connections and creative outlet that the business brings but health challenges have resulted in the difficult decision to sell. This could be an excellent business for a new owner that has some baking and cake decorating experience. The owner will provide some training and transition time as part of turning over the business to a new owner. Business is open and operating - ok to secret shop location but please do not disturb owners and employees. Kitchen tours are arranged via broker only.
The 2017 sales were $161K and the net profit was approx $64K! Financials packet available for review with signed NDA.
Interested? Please fill out our confidentiality agreement/NDA form to get started.
Once we receive your confidentiality agreement, we will send you a listing sheet with photos and details to start.
We look forward to talking with you about this exciting opportunity!
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
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Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
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