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Multi-unit Profitable Bakery for sale (3 locations)

Louisville, KY (Jefferson County)

Seller Financing Available
Custom Cakes- Impressive
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Asking Price: $359,000

Cash Flow: N/A

Gross Revenue: $1,200,000

EBITDA: $160,000

FF&E: $200,000

Inventory: $10,000*

Established: 2013

*not included in asking price.

Multi-unit Profitable Bakery for sale (3 locations)

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Business Description

Well established, profitable, fun, scalable, multi-unit bakery

Gigi’s Cupcakes, America’s largest cupcake/ bakery franchise in the US, provides a great opportunity to have success while being able to participate in your community’s “life” moments. A brand with strong unit level economics, allows you to participate in; Retail, Wholesale, Catering, Birthdays, Baby showers, Weddings, Corporate functions, Community Festivals, Valentine’s Day, Mother’s Day, Gifting, etc.
No longer just a “Gourmet Cupcake” shop- full baking products are available to serve your client’s needs such as cakes, cookies, cheesecakes, muffins, bread loaves, custom options, and so on.
Three existing locations are for sale! These absentee owners have built a strong foundation of success that is primed for a local owner to elevate to the next level.
With two Locations in Louisville, (Hurtsbourne and Ficher Park) and one location in Florence these are a perfect opportunity for someone who is looking for a change in career or for a business owner to add to their portfolio.

Detailed Information

Location:
Louisville, KY
Inventory:
Not included in asking price
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Includes all commercial baking equipment, supplies, furniture, etc. Good lease terms among the 3 locations- full leases available
Competition:
The current locations have a strong retail customer base- that can be marketed to through its loyalty program. Opportunities exist through various local store marketing initiatives- (Schools, Pharmaceutical Reps, Venues, Party Planners, Corporate Business,Wedding, Custom Work etc.)
Growth & Expansion:
Three locations allows you to maximize economies both for operations and for marketing purposes. You are in a position for growth, if you choose to expand, from day one with an existing team in place.
Financing:
Partial financing available with approved buyer
Support & Training:
Current owners to provide details on best practices and assist through transition. Gigi's Franchise Support team to provide initial and ongoing support and training.
Reason for Selling:
Absentee owners who feel the opportunity would be stronger with local ownership
Business Website:
http://gigiscupcakesusa.com/
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Business Listed By:
Kevin Bauerle

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