Renowned Profitable Cake Shop and Bakery for Sale
Posted April 16, 2018 at 4:02 pm by CakeShopSingapore

Renowned Profitable Cake Shop and Bakery for Sale

Fully renovated and furnished cake shop and bakery is centrally located in a large, licensed kitchen space. Owner is looking for a passionate baker or budding entrepreneur to take over the company.
Established in 2014, the bakery has been profitable all 4 years of operation with revenue from several income streams:
– Custom cakes for corporate orders, weddings, celebrations, birthdays
– Pastries
– Baking and cake decorating classes
– Dessert tables and party set-ups
– Retail sale of cake mixes

Cake shop and bakery is located centrally, easily accessible from MRT (5min to 2 MRT lines) and bus stop right outside. The unit is a 1150sqf newly renovated ground floor shop house with a large glass window shop front, a generous show room (also enough space for seating area), large kitchen area with enough space for 20 students for classes, office space in the back, 2 storage rooms, separate washing area and toilet. All rooms are air conditioned (4 units).

The company is fully equipped with furnishings, fixtures, equipment and tools for operations
– 4 tray convection oven, 4-door freezer, 2-door freezer, 2-door fridge, dishwasher, large 10l mixer, 6l mixer
– 3 working tables, ample shelves, cupboards, counter, display shelves
All baking and cake decorating tools are included
All cake stands, plates, decorative props for photo shoots and set-ups are included
Recipes for all cakes, pastries, cake mixes are included

The company is renowned and has been featured in many wedding, parenting and food magazines as well as on famous Singaporean parenting, wedding and food blogs. The company has been voted for the top Singapore cake provider on over 15 different websites. The company comes with its own set-up and functioning website, facebook page with approx. 5k followers, Instagram page with approx. 2k followers and a newsletter database of approx. 8k e-mail addresses
The company has also been featured in a two film projects to be broadcasted on local / Asian TV channels (to air in July/August 2018)

Clients are
– private individuals (male / female, 20-60), locals and foreigners, wedding couples and parents willing to spend on their cakes for their life events, high number of returning customers
– corporates for events or client gifts (e.g. Dior, Chanel, Swatch, Grab, DBS, Google)
The company has a fully set-up order system with mainly online, telephone and walk-in orders, some order also come with partnering websites.
Working together / partnering with several 5* hotels, famous restaurants and wedding/party venues

Equipment: $20k included
Stock: $8k included
Deposits: Rental & electricity (not included)
Registered as: Pte Ltd
Location: Central
Size: 1150sqf
Rent: $3.7k / month // tenancy agreement until February 2019 (can be relocated)
Team: 3 full time, 1 part time, 1 intern
GST registered: no
Revenue: $300k
Profit + owner salary: $100k
Reason for selling: Owner is returning to home country
Hand-over period: negotiable

Details

Total Revenue
300000
Gross Profit
100000
Company Establish Year
2014
Ownership
Full-Time
Total no. of Employees
4
Reason for Letting Go
Owner is returning to home country
Physical Location Status
Rent
Rental Cost
3700
Rental Down Payment
11100 (not included)
Terms for Lease
lease until February 2019
Physical Location Details
The unit is a 1150sqf newly renovated ground floor shop house with a large glass window shop front, a generous show room (also enough space for seating area), large kitchen area with enough space for 20 students for classes, office space in the back, 2 storage rooms, separate washing area and toilet. All rooms are air conditioned (4 units).
Relocate Business
possible
Home-Based
possible
Facilities and Equipment
$20k included
Competition Level
medium, company in high price segment
Potential for Expansion
yes
Seller Funding Available
no
Country
Singapore

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