Turnkey Artisan Pastry Shop in Prime Location

Description Established with a passion for creating exquisite and delightful pastries, this renowned shop has flourished into a beloved local gem, attracting a loyal clientele and earning accolades for its unique blend of traditional techniques and modern flavors. Business Highlights: Turnkey Operation: Fully equipped, seamless transition awaits with systems and processes already in place. Strong Brand Identity: The business is synonymous with quality, creativity, and unparalleled taste. The brand carries a strong reputation across social media and local food circles. Diverse and Innovative Menu: From luscious cakes to inventive seasonal treats, the menu reflects a dedication to quality ingredients and culinary excellence. Vegan and gluten-free options cater to a wide range of dietary preferences. Loyal Customer Base: A solid foundation of regular customers, high ratings and positive reviews across various platforms. Growth Opportunities: Potential for expansion through catering services, online sales, and extending product lines. The brand's strong reputation offers a platform for branching into cooking classes, workshops, and more. The sale is structured as a sale of 100% of the authorized and issued share capital of the company. For the purposes of this offering, the price considers Working Capital to be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions. Financial Information Annual Revenues and Seller's Discretionary Earnings 2023 Revenue: $490,000 SDE: $110,000 2022 Revenue: $465,000 SDE: $85,000 2021 Revenue: $450,000 SDE: $105,000 * Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings. Real Estate There’s no land and building included in the sale, and the new owner has to relocate the business upon purchase. For more information on this listing, please complete our Non-Disclosure Agreement Complete NDA for Full Overview