* REDUCED * Independent Retail Cake Shop in Bath * Rare Opportunity *

Wiltshire
REF: R06639

Asking Price:
£119,950
Annual Turnover:
£200,398
Annual Net Profit:
£101,299
Reduced
Recently Sold
REF: R06639
Photo of * REDUCED * Independent Retail Cake Shop in Bath * Rare Opportunity *
Photo of * REDUCED * Independent Retail Cake Shop in Bath * Rare Opportunity *
Photo of * REDUCED * Independent Retail Cake Shop in Bath * Rare Opportunity *
Photo of * REDUCED * Independent Retail Cake Shop in Bath * Rare Opportunity *

Overview

Tenure:
Leasehold
Established:
2017
  • All food baked on site daily
  • Strong social media presence
  • Ongoing contracts with local establishments
  • Affluent, sought-after location
  • No imposing competition
  • Delivery Van included

Located in the heart of Bath, Somerset, is a rapidly growing and very well known Cake Shop that produces reputable bespoke cakes, cupcakes, and savouries for high street businesses in the area as well as local residents and tourists during the year.

The business has gained incredible success and recognition from their top quality products that never cease to disappoint the general public, creating an unrivalled reputation within its vicinity. The new owners would acquire a fully equipped premises, a turn key operational business with fully trained staff generating an instant profit from day one, as well as strong and reliable relationships with their wholesale outlets, which will all guarantee its continuation of a profitable trade.

In addition to its trained, reliable team of friendly staff, the new business owner would also acquire a fully-equipped premises and strong working relationships with its wholesale outlets, in order to continue trading profitably.

Operating from Georgian-style premises, a bold, black and gold frontage with freshly baked cakes displayed in the shop’s window catches the eye of passers-by. On entry, customers notice the large array of celebration cakes, cupcakes, tarts, quiches and other products neatly showcased in a chilled glass display cabinet and counter. To the rear is an open plan kitchen area with baking ovens, cooling racks, freezers, fridges, mixers and other equipment which is included in the sale. Downstairs is a compact basement used for storage, containing a freezer, washing facilities and toilet, with rear access to the loading dock and one car parking space. The entire premises is secured with a full CCTV system. Whilst the property boasts a simple, contemporary appearance, the current owner has imminent plans to replace the flooring.

The business has a prolific social media presence; with around 1,400 followers on Instagram- an ideal platform for promoting the business’s offering. Facebook and Tr

The ideal purchaser would either be a talented and experienced cake maker or alternatively someone who wishes to purchase a turn-key business and looking for an established venture which could be grown if desired. Although 50% of trade is from walk-in coffee shop sales, there is potential to scale up production at an out of town unit, for example, and to be increasingly proactive in the wholesale manufacture and delivery side. Extending opening hours to 7 days a week, rather than its current 5, would also help to increase trade from weekend shoppers significantly.

The business is up for sale due to the owners’ plans to open a boutique Hotel and Cooking School in the South of France. As one business owner possesses a Roux scholarship, they are willing to generously provide one month's training throughout the transition period, in addition to their coveted recipes.

Features

Online Presence

Location

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  • Popular tourist spot
  • Five minutes from Bath's centre
  • Close to complementary businesses
  • Easily accessible
  • No competition

Property

Annual Rent
£16,500
Annual Rates
£4,300
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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