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Cupcake Bakery
Location: United States -> Tennessee -> Smyrna
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Cupcake / bakery for take over lease - Final tours will be this Monday 3/12/12) This upscale Bakery or Cupcake Shop is located in a upscale Nashville area. Surrounded by 3 very popular chain restaurant on a very busy road with great road frontage. The business is barely 4 months old and has a build out that was over $100,000. It has a state of the art kitchen, established web site and incredible recipes that are all included (valued over $25,000). All equipment is paid for and included:Oven, 2 fridges (true brand), commercial oven (bakers pride), commercial mixer, tables, chairs, Flat Screen TV, counters, display cases, commercial kitchen tables, baking pans and all elements to run a successful cupcake bakery or likeminded business. The partners have decided NOT to work together any longer and are willing to walk away from the business. There is no debt on the equipment everything is paid for and is included in the transaction.Partners are looking to simply assign the lease to a qualified candidate who can assume the lease and run the business. This transaction must be complete by 3/30/12
Operating partner is willing to stay on for 90 days to transition the business if this will help.
1. How much is the rent?
1. $3000 for approximately 1550 sq. ft. This location is approximately $5.00 per sq. ft. less than the going rate now. In the same strip mall there is a 5 Guys, Fire house subs, Sweet CC'S and an Oscars.
2. How long?
2. 5 year commercial lease
3. How many cupcake shops within 5 miles?
3. 1 that sells cupcakes and sheet cakes. There is NO competition
4. What does it gross now?
4. Approximately $12500
5. What is the net?
5. Between $10,500 and $12,000
6. The only money that would need to be paid would be $6,000 that buys out a consulting contract that they are liable for.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $160,000
Cash Flow:   $10,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Owners dont get along - NO Money needed - owner will assign business.

Photos

View Larger Photo(s) Of Business
Cupcake Bakery Photo 1 Cupcake Bakery Photo 2




Print Listing Id: 700170927
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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 > Tennessee Businesses For Sale > Tennessee Franchises For Sale > Tennessee Business Brokers



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