Description
An exceptional opportunity awaits for aspiring entrepreneurs to own and operate their own turn-key baking and cooking supply business in the vibrant Oakland County area. Since its establishment in 1985, this business has been a trusted and cherished resource for professionals and at-home bakers/chefs, providing a wide range of high-quality supplies and ingredients.
Conveniently situated in an upscale downtown area within Oakland County, this business enjoys a prime location surrounded by residential homes, ensuring a steady flow of customers seeking top-notch baking supplies. The extensive inventory includes a diverse selection of baking tools, decorations, mixes, and much more, making it a one-stop destination for all culinary needs.
Under the current ownership, this business has experienced remarkable growth through strategic marketing efforts and modernization. With numerous 5-star reviews affirming its excellence, the business has successfully cultivated a loyal customer base. A sleek and user-friendly website, complete with an e-commerce platform, enables customers to conveniently browse and purchase products online, enhancing accessibility and boosting sales.
The emphasis on personalized service and expertise sets this business apart, ensuring that customers receive unparalleled support and guidance.
What makes this opportunity even more enticing is its turn-key nature. With a long-standing reputation for success and a proven track record, this business is primed for a seamless ownership transition. The solid foundation, established customer base, and reliable supplier relationships contribute to its continued profitability and growth potential.
Get More InfoBusiness Overview
| Revenue | $366,846 |
| Cash Flow | $72,239 |
| Inventory | $58,000 +/- |
| Year Established | 1985 |
| Seller Financing | Yes |
| Employees | 5FT 0PT |
| Asking Price | $175,000 |
Key Statistics
- Hours of Operation: Tue-Fri 10am-5pm, Sat 10am-4pm
- Employees: 5 Full Time 0 Part Time
- Year Established: 1985
- Year Acquired: 2020
- Liscence Required: MDARD Food Retail & City of Farmington Business Registration
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $366,846
- Source: Tax Returns
- Cash Flow: $72,239
- Source: Tax Returns
- Inventory Value: $58
Seller Financing
- Business Price: $175,000
- Down Payment: $65,000
- Monthly Payment: $2,230
- Interest Rate: 8%
- Amortization Period: 60
Location
- Monthly Rent: $3,392
- Lease Terms: Lease Expires: 01/01/28 with option to renew
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.