Highly Rated Gelato & Bakery - Ideal Location
Lubbock, TX Lubbock County
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- RE: Highly Rated Gelato & Bakery - Ideal Location
- Contact: Linda Boswell
Quick Facts
| Asking Price: | $175,000 | |
| Annual Revenue: | $478,452 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $84,008 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $145,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2023 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 949833 | |
| Broker Reference #: | 69071-100227 |
Business Overview:
Highly Rated Gelato & Bakery - Ideal Location w/ Growth Potential
This highly rated bakery and gelato shop is located in a high-end shopping center and bakes fresh items daily, including cupcakes, cookies, cakes, cheesecakes, macarons, cannoli's, parfaits, sorbet, and gelato. They offer different products weekly and sometimes daily while maintaining its core items that customers have come to love and expect. It is the only gelato shop in Lubbock. The business is on Doordash and Uber Eats, differentiating it from competitors.
The owners’ investment in building out the space has been substantial, and the results are stunning. However, they are willing to part with this investment through this deal. This presents a unique opportunity for potential buyers and investors. For a reasonable price, they are acquiring a business that is generating $12,000 per month, equipped with top-of-the-line equipment valued at $140,000 new, and a well-stocked inventory in excess of $20,000. This is a baker's dream kitchen and setup. The strong economy in the area and numerous growth opportunities ensure a promising future for the business.
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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 not a franchise resale opportunity
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