Bakery Shop for Sale in Prime Northeast Dallas Location
Asking Price: | $79,000 |
Gross Revenue: | $350,498 |
FF&E: | $25,000 |
Cash Flow: | $41,626 |
Inventory: | $3,000 |
Established Year: | 2019 |
Bakery shop for sale! A franchise bakery with steadily growing sales in prime East Dallas is now available for acquisition! Established in 2019 by the current owners, this business experienced rapid success in its first year. Despite the challenges presented by COVID-19 in 2020, the bakery persevered and continued to serve its loyal customers. As a result, sales have steadily grown in 2021 and beyond. This bakery specializes in freshly baked cupcakes and cakes, other baked goods, ice cream, and drinks. The cupcakes and cakes can be customized for birthdays or any other occasion.
The business benefits greatly from its location in a bustling and popular area. Situated within a retail strip center anchored by a prominent national grocery and retailer, as well as other food establishments and small businesses, the business enjoys a steady stream of foot traffic. The customer base is diverse, comprising individuals and families from all age groups, ranging from 20 to 80 years old. Additionally, the business has recently secured a wholesale account. The immediate vicinity lacks any direct competitors, and this bakery thrives in a sought-after location, boasting a devoted customer base. Alongside its prime location, the bakery owes its success to its exceptional customer service and high-quality products.
The bakery's sales are poised for continued growth. Expanding the product selection and implementing proactive marketing efforts can be used to accelerate this growth. There is also untapped potential within the store's available space, which can be utilized to introduce an additional concept. For instance, selling balloons and gift cards, expanding coffee sales, and offering other merchandise that aligns with the preferences of the local market could be another avenue for growth.
The owner is actively involved in the operation as upper management, doing some baking, overseeing the employees, handling inventory, ordering, quality control, and interacting with clients. This would be a great opportunity for a qualified buyer with industry experience to take the reigns and continue to lead this bakery on its successful trajectory.
Listing ID #001354