REDUCED Bakery--Established Business, High Traffic Space-Coastal SC

Georgetown County, SC
cake
Asking Price:$99,999
Gross Revenue:$170,000
Rent:$2,650/Month
Established Year:1995
Cash Flow:$30,000
Inventory:$5,000
FF&E:$85,000
BUSINESS DESCRIPTION

Everything you could want--Multiple Revenue Streams, Maximum Flexibility, Great location, Award winning with stellar reputation. The current owner has operated this entity as a profession and a passion. It is composed of three distinct components: 1) Retail Bakery and Lunch 2) Event Cakes and Wedding Cakes 3)Event Hosting /Parties/Classes and Catering.
This is truly a one of a kind Turn key operation.
*Fully equipped Commercial Kitchen
*Indoor Seating for 48--Outdoor Bistro area for 12+
*Current Retail operating hours are 34/week Five days
*Retail Location allows independent operating schedule
*Beer and Wine License in Place (new owner will need to reapply)
* High Daily Traffic counts -approx 34,000 cars /day
*Recently Renovated Retail Front
*Great Social Media Presence
*Affordable, Transferrable and extendable lease
*Very Limited Competition
*Hundreds of Proprietary Recipes
*Business has been run Debt Free
The business is part of the community and a core component of the Wedding Planning ecosystem within a 75 mile radius. The business will provide more than 120 Wedding cakes in 2022. The owner is a trusted advisor and utilizes an Onsite Consult/tasting room. 95% of all consults are converted into booked reservations.
THIS IS A HIGHLY CONFIDENTIAL SALE- BE AWARE IN ADVANCE.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,600
Lease Expiration
01/08/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Detailed asset list available
Competition
Clear leader in High End Segment 1, 3, 5 mile demographics prepared
Growth & Expansion
There are significant opportunities depending on desires-- * Classes * Expanded Menu * Expanded hours
Support & Training
Three weeks on site --60 days remote consult
Reason for Selling
Owner is retiring to spend time with their adult children
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Michael
KORIZNO
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Michael KORIZNO