A well-established and profitable cake manufacturing business, including a retail cake and coffee shop division for sale. The business specializes in the manufacturing of delicious cakes for restaurants, weddings, birthdays, and other events. The business distributes around Gauteng and has an opportunity from existing franchise clients to service other provinces. The business has stood the test of time and is perfectly positioned for growth. They have excellent relationships with customers such as franchise restaurants and coffee shops, event planners, venues, corporates, and influencers. The manufacturing facility is situated above the cake shop outlet, in a busy retail centre in an affluent area, with blue-chip tenants such as Woolworths and with high profile clients. The business has a well-trained, experienced, and reliable team. They business has an ecommerce website and large social media base which offers an opportunity to expand through online sales.
The reason for selling is that the owner is pregnant with her third child and will not have sufficient time to run the business. They will however be available to provide an extended handover, training and ongoing advice where possible to the buyer. The asking price is R 6 400 000 (including stock), with an average turnover of R1 041 276 pm, cost of sales of around R435 000 pm, expenses of R367 058 pm and an average net profit in the of R239 218 pm.
