Bakery - Cakes and Pastries
Asking Price: | $395,000 |
Gross Revenue: | $660,000 |
FF&E: | $200,000 |
Cash Flow: | $200,000 |
Inventory: | $25,000 |
Established Year: | 1986 |
Retail, wholesale, and online specialty bakery
Fully turnkey business with multiple sources of revenue and deep roots in the region for over 35 years. We have developed a strong relationship with the local municipality, local customers, and support community services.
We specialize in Italian and American products but also offer a wide variety of pastries and baked goods from around the world, including: Brazilian, Mexican, El-Salvadorian, Ethiopian, and more. One strong element of our business is our offering of completely customized fondant cakes - any design and any size made to order per customer specifications. Some fast-moving products include: customized cakes of all kinds, customized cupcakes and specialty cookies, and a wide variety of specialty pastries.
Over the past 35 years we've established a strong retail presence in the greater Boston area, especially in Everett. In addition to retail, we've established healthy contracts with distributors and large venues in the region. Furthermore, we have steady revenue from UberEats and Grubhub, since 2018. You can hit the ground running with a smooth transition of ownership and immediate profitability - equipment, inventory, recipes, and staff are ready to go.
Our business is built on an excellent team that serves satisfied customers, and also reliably complete orders for the wholesale and online operations. The staff are all well-trained and hard working, often staying with the business for many years including 12, 15, and 19 years!
Store hours for 35 years were reliably 7 days per week, 8am-8pm. For the past couple years, as the owners approach retirement, store hours have been reduced to Tuesday-Sunday 9-6 (closed on Mondays), but can be expanded back to 12 hours per day, 7 days per week based on current demand.
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