COTTAGE INDUSTRY CAKE MAKERS,BERKSHIRE - PRICE REDUCED

Price:

Freehold - £45,000

Turnover:

Seller Ref:

1636

Location:

Berkshire

Business Type:

Retail businesses

See Other:

Delicatessens for sale in Berkshire
Retail businesses for sale in Berkshire

Description:

THE BUSINESS:

The particular highlights of the business are:
- Trading at farmers markets
- Excellent supply chain of produce.
- A well established business.
- Good loyal clientele.
- Turnover in excess of £45,000. (See financial summary below). This is very impressive considering the credit crunch.
- A business with great potential which has not been exploited because of family commitments.
- An easily run operation.
- A good first time buyers business who has a passion for food.

History
Phoenix Business Transfer Agents are delighted to place onto the market this superb cake maker which has been established since 2006. The business has been in the hands of the current owners since 2006 when the business was started and they now wish to sell due to family commitments.

Services
This very good business opportunity provides home made cakes for sale at farmers markets and special occasion cake for weddings and birthdays.

Staffing
The concern employs no staff and operated by the owners.

Owners Role
The owners’ role is hands on and they work six days per week.

Marketing
The owner markets the business in various magazines and Radio Berks and has a website.

Competition
As far as competition is concerned there is very little in the area.

Market
The client base consists of market customers and orders taken for special occasion through recommendation.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Employ sales staff to maximize sales at markets.
• Lease a permanent retail outlet
• Becoming more efficient with staffing levels.
.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Equipment with sale
All fixtures and fittings and equipment are included in the sale price.

Financial Details
The present turnover is £48,000 per annum with a gross profit of £17,000. The present value of the stock is £SAV.
The potential turnover of the business within the next 2 years is forecast to reach £72,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Location Details:

This business opportunity is run from home and does not offer a fixed location.

Trading Hours:

Monday to Saturday 8am to 6pm