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Award Winning Specialty Cakes & Confections
Location: United States -> Rhode Island
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Summary Description:

In operation for over three decades, the business is a cornerstone in the community for specialty cakes, pastries and confections.

The current owner has continued the traditions of the founder to achieve consistent growth of the company utilizing original, scratch-made recipes on their award-winning wedding cakes, fine deserts and favors.

The company has built loyal relationships over the years with consumers and key partners in the hospitality business including hotels, restaurants and other event venues in the region through their consistent, trusted delivery of premium, specialty baked goods.

The markets which the company serves include popular tourist towns, wedding destinations and venues and affluent communities throughout RI.

Facilities:

Located in a large retail plaza on the main route through town, minutes from the interstate highway, the facility is approximately 2,800 square feet featuring a street-facing storefront, retail counter and showroom and back office bakery.

There is a large parking lot, both storefront and street-side signage and a commercial back door for delivery of supplies.

Growth/Opportunity:

In addition to the tangible furniture, fixtures and equipment and other intangible assets of the business, a new owner will acquire the original, scratch-made recipes that are a key, differentiating asset of the company and brand.

While leveraging the unique brand equity and products that the recipes produce, the company can increase sales by expanding the offerings with new items, convenient on-line ordering methods and a wider geographic reach of customers served.

Support of local community organization, programs and businesses will continue to provide a solid foundation for sales and growth.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $359,732
Cash Flow:   $53,857
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000
Seller Financing:  No

About The Business

Year Established:  2000
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As needed for a smooth transition.
Reason For Selling:  Other interests.

Photos

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Award Winning Specialty Cakes & Confections Photo 1




Print Listing Id: 700349220
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Rhode Island Businesses For Sale > Rhode Island Franchises For Sale > Rhode Island Business Brokers



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