FOR SALE
11/07/23
516468
1964 / Rightbiz
OVERVIEW
Established brand for over 15 years, this business has been the go-to destination for mouth-watering cakes, pastries, and baked goods locally. With a strong reputation built on quality and craftsmanship, the business enjoys a loyal following and a solid foundation for continued success with a Freehold retail property included within the sale.
Situated in the heart of the bustling community, the business enjoys a prime spot within easy reach of locals and tourists alike. The areas thriving tourism industry ensures a steady flow of customers, providing ample opportunities for growth and profitability.
Opportunities for Growth:
- With its loyal customer base and strategic location, the business presents an excellent opportunity for expansion. Consider introducing wholesale operations, catering services, or partnering with local businesses to further enhance revenue streams.
- Online Presence: The business already enjoys a strong local presence, excellent 5-star reviews, plus there is tremendous potential to boost sales through online channels. Develop an e-commerce platform, establish a social media presence, and explore partnerships with food delivery services to tap into a wider customer base.
- New Product Development: Capitalize on emerging trends and customer demands by introducing innovative flavours, seasonal specials, and unique baked creations.
PREMESIS
The Business is made available with the Freehold property in a prime location, opposite other trading businesses bringing more localised trade. The premises is a detached and internally there is a kitchen with high end kitchen appliances supported by an electric hot water system and a small retail area/customer seating with electric heaters.
This premises is a fantastic investment to compliment this excellent, established business opportunity.
SUPPORT
The vendor is willing and able to provide initial training and support as part of a handover period. This business makes all the produce from fresh, locally sourced produce and therefore some offsite baking is required. All recipes and trade secrets will be provided as part of the goodwill.
FINANCIAL PERFORMANCE
Having operated as a vibrant business for some years, the owners have had to reduce their opening times to 16 hours per week in recent times with an average turnover of c.£75,000.
Offering excellent prospects for potential purchasers to increase turnover back up quickly to around £150k pa based on full time working hours and even more with the potential of outside catering and if an online e-commerce offering is introduced.
Don't miss out on this exceptional opportunity to own a thriving bakery business. Contact us today to request further information and arrange a private viewing.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get SolicitorThe data showed regarding this advert 'Freehold Cake Store in a picturesque location with outstanding reputation. - 1964 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.