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- RE: Owner Absentee Franchise Bakery
- Contact: Kevin Chung
- License #: 567204
Quick Facts
Asking Price: | $1,400,000 | |
Annual Revenue: | $905,460 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $292,163 | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2023 | |
Employees: | 14 | |
BBN Listing #: | 981058 | |
Broker Reference #: | #001417 |
Business Overview:
A renowned franchise bakery with absentee ownership in an affluent North Dallas suburb is now available for acquisition! This bakery specializes in French-Korean inspired baked goods, offering a delightful assortment of croissants, custard buns, danishes, mochi breads, macarons, cakes, and more. In addition to its delectable pastries, the bakery serves handcrafted beverages and a variety of coffee drinks made from the finest ingredients. The current owner established this location in early 2023, and it was quickly met with strong demand and fast growing sales.
Situated in a prime location within a bustling retail center in an affluent northwest Dallas suburb, this franchise bakery benefits from high visibility and easy access. Beautifully built with a full-size commercial kitchen and an initial investment of $700,000+ just for the buildout and the top-of-the-line equipment. The retail center, anchored by a major grocery store, ensures a steady stream of foot traffic, attracting high-income individuals and families from diverse demographics. While there are a few indirect competitors that focus primarily on coffee, this bakery stands out as a destination for both bakery items and coffee beverages. The in-house mass-produced bakery of the anchor tenant, which lacks a coffee shop, does not pose a significant threat.
The franchise's marketing strategy includes an official website and regional social media pages, while this particular location maintains a local social media presence, engages in catering and sponsorship opportunities with local schools, and hosts in-store events like discounted "Cake Day." Expanding catering services to local churches and businesses is recommended to boost sales further. Currently, the bakery utilizes only one third-party delivery service, and incorporating additional delivery platforms could enhance online visibility and sales. With the growing popularity of Korean culture, particularly among younger generations, the demand for Korean products and eateries is on the rise, benefiting this Korean brand franchise.
The current owner operates mostly as an absentee owner, dedicating less than 10 hours per week to the business and primarily handling higher-level management tasks such as bookkeeping and occasional purchasing. The manager also assists with purchasing. With minimal involvement from the owner, having an active owner on-site to provide better customer service and oversee operations could positively impact the business. Not all staff members exhibit the same level of friendliness and care as an involved owner would, making active management a valuable asset for continued success. This presents a lucrative opportunity for a qualified buyer to take over a reputable franchise bakery shop with growing sales and a prime location.
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Property Features and Assets:
Situated in a prime location within a bustling retail center in an affluent northwest Dallas suburb. The retail center, anchored by a major grocery store, ensures a steady stream of foot traffic and provides high visibility and easy access. The business operates within a very modern and cozy retail space. / Inventory: $30,000 (Not Included in listed price).
Market Competition and Expansion:
Competition: While there are a few indirect competitors that focus primarily on coffee, this bakery stands out as a destination for both bakery items and coffee beverages. The in-house mass-produced bakery of the anchor tenant, which lacks a coffee shop, does not pose a significant threat. / Growth and Expansion: Expanding catering services to local churches and businesses is recommended to boost sales further. Currently, the bakery utilizes only one third-party delivery service, and incorporating additional delivery platforms could enhance online visibility and sales. With the growing popularity of Korean culture, particularly among younger generations, the demand for Korean products and eateries is on the rise, benefiting this Korean brand franchise.
Reason for Selling:
Other OpportunitiesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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