Established Cake Shop in Bridgnorth Shropshire - Renowned Reputation, Ideal for Owner or Partnership
Bridgnorth, Shropshire
- Status
FOR SALE
- Date Submitted:
03/04/23
- Advert ID
511110
- Reference
B06546 / Rightbiz
- Call Agent:
- Leasehold: £19,995
- Turnover: £28,338 (£545 Per week)
- Net Profit: £8,398 (30% Profit margin)
Business Details
Well Established Cake Shop For Sale
BusinessPlease quote reference B06546
CoGoGo is pleased to have been given the opportunity to manage the sale of The Cake Room Bridgnorth which is a well-established cake decorating and partyware store, as well as a successful sugar craft school, that also supplies bespoke cakes with a renowned reputation amongst residents. This is a superb opportunity to take on a popular local business in an area teeming with customers.
The Cake Room was founded by the current owner and has traded from the current premises for the last five years. The business has been a real labour of love for the vendor and has accrued many regular customers with a burgeoning reputation and has made many cakes for local people and businesses, along with famous celebrities, as well as being chosen to make a seventieth birthday cake for HRH the Prince of Wales.
This lovely business is being sold due to a wish to take a well-earned retirement. The vendor is keen to see her beloved cake business pass to an ambitious and entrepreneurial new owner who can take it to the next level. The business will be suitable for any baking business such as brownies, chocolates or general baking supplies.
The Cake Room provides bespoke wedding and celebration cakes, runs classes for budding cake decorators at all levels, and supplies a wide range of cake decorating supplies as well as balloons and partyware.
Scope to improve –
- Advertising and marketing campaign
- Opening hours extended
- Maximise the use of social media particularly Twitter, Instagram, and Pinterest
- Updating the website to offer online ordering facility
- Attend wedding fairs
- A well-established business with an enviable reputation and many happy customers
- Prime trading position in Bridgnorth’s vibrant shopping centre
- Low running costs with inexpensive rent and no business rates
- Ideal owner managed or partnership business
- Current owner happy to offer a handover to ensure the continued success.
- Current owner may run some classes to support new business owner if required
- Ideal first business for a keen amateur baker, or an experienced person.
- All fixtures and fittings included making this a real ‘Turnkey’ business opportunity
Oven, microwave, 2 mixers, fridge freezer, perimeter shelving.
Also included in the sale are tables and chairs, cake tins, cutlery. Cutters, display cakes, colours, piping nozzles, bowls and tubs, cake stands, tools, rolling pins and boards etc.
CoGoGo highly advises early viewing to avoid disappointment.
Location
The Cake Room Bridgnorth ltd is located in Bridgnorth.
Bridgnorth is a town in Shropshire. The River Severn splits it into a High Town and Low Town. The population at the 2011 census was 12,079. Bridgnorth is connected to Shrewsbury by the A458 road, to Telford by the A442 road and Wolverhampton via the A454 road. The town is 9 miles from the M54 and 16 miles from the M6 motorways.
The business sits alongside other complementary retail businesses, many of which are independents and thus benefits from high levels of footfall and passing trade. The business is nicely presented and maintained with clear visible signage and distinctive livery. There are several inexpensive public car parks within easy walking distance.
Premises
The Cake Room occupies the ground floor of a retail shop unit, is nicely presented and maintained and briefly comprises;
Shop
Double fronted windows and glazed door to front creating a light, airy and inviting interior, high ceilings with led spotlighting, expensive looking tiled floor, bespoke counter, perimeter shelving and hanging space.
Kitchen
The kitchen is situated in a room at the back with a range of base and wall units in a white high gloss finish, 1 ½ bowl stainless steel sink, good run of worktops, with integrated cooker and extra free standing mini combi cooker and tall fridge freezer. Along with tables and shelving.
With extra storage space in between shop and kitchen.
Tenure
We are advised the business is being sold on a Leasehold basis with a rolling Lease currently in place, the rent is £650 per month.
Hours
The business trading hours are as followed:
Monday - Closed
Tuesday to Saturday - 09:30am - 16:30pm
Sunday - Closed
Staff
The business is run and managed by the owner and 1 part time member of staff.
Financial Profile
Financial information can be made available upon request.
Please quote reference B06546
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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