Cake & Pastries Shop-Well Established!

File# C2496
Location: Downriver Suburb
Business Price: $165,000
Down Payment: $90,000
Monthly Payment:$1,449.96
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $258,915
Source: 2018 Tax Report
Cash Flow: TBD
Inventory: $7,000
Days Open: 6 Days
Business Hours: Closed Monday/Tues-Fri 10-6, Sat-Sun 10-2
Seats: NA
Parking: ample
Licences Required:Safe Serve
Year Established:2004
Year Acquired: 2004
Monthly Rent:$2,000


This is a great opportunity to step into a well-established cake; pie and pastry shop business and take it to much higher levels. It is located in a prime downtown, downriver suburb near the Detroit River. There is plenty of parking. Two owners run the business with a full-time manager plus one other full time baker and 4 part-time employees.
The business is being sold because one of the partners is moving to Florida and the other is retiring. They will provide ample training to new purchaser. With some whole sale to grocery stores and restaurants in the area and some marketing this business could go to new heights.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.