£0 £1000000
£0 £1000000

Sold

Birmingham, West Midlands

  • Asking Price: £24,999
  • Turnover: Love Cake Supplies generated an advised turnover of circa £72,000 as of 2017 accounts with an adjusted net of approximately £22,000 and the business continues to grow at an impressive pace.
  • Tenure: Leasehold

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Love Cake Supplies was founded by the current owner in 2013 and has been a real labour of love which has seen the business grow year on year into the thriving business that it is now. The business is being sold albeit very reluctantly and with a heavy heart only so the owner can pursue his other business interests.Love Cake Supplies is the place to visit for cake supply needs. Whether the customer is a novice or expert cake maker the business stocks a wide range of products such as sugar paste, marzipan, cake boards and boxes, ribbons, cake mixes, sprinkles, figurines mounds and cutters.Additionally the business specialises in custom cakes and also hires out baking tins , stands and trays. Edible photo printing is also available and proving popular.The business enjoys great visibility on the internet and has its own Facebook page with nearly 5000 likes and Twitter page.Scope to improve 1. Advertising and marketing campaign 2. Maximise the use of social media 3. Website to extol services and products possibly with an commerce facility 4. Extend the opening hours5. Introduce a range of courses and workshops6. Convert first floor space into owners accommodation (subject to planning) or classrooms7. Develop an eBay shop and explore Amazon offeringsHilton Smythe highly advise early viewing to avoid disappointment. This business is likely to attract considerable interest.

The business is run and managed by our client with the help of a part time member of staff and casuals as required.

Monday 9.30-5Tuesday 9.30-4Wednesday 9.30-5Thursday 9.30-4Friday 9.30-5Saturday 9.30-5Sunday Closed

Love Cake Supplies is located in Cotteridge, Birmingham in the West Midlands.Cotteridge is an area of Birmingham and is part of the Bournville ward. It is located about 4.5 miles south of Birmingham City Centre. The shopping centre in which the business is situated contains a mixture of local shops, eateries and national brands.The A441 (Pershore Road), one of the major routes into Birmingham City centre, runs through Cotteridge, giving a relatively quick road link to places further afield such as Redditch. Cotteridge is also served by Kings Norton Railway Station which is on the Cross-City line, a major commuter route into Birmingham. Many buses run through Cotteridge daily.Love Cake Supplies is ideally situated alongside other complimentary retail businesses in a main road position and in the heart of the unusually busy and vibrant Cotteridge shopping centre. The business is well presented and maintained with clear visible signage and striking livery and benefits from extremely high footfall and passing trade. There is free on street parking within easy walking distance of the premises.BUSINESS

Love Cake Supplies occupies two floors of a mid terraced Victorian shop and briefly comprises;ShopDouble fronted with windows and glazed double doors to front creating a light, airy and inviting interior, suspended ceiling with fluorescent lighting, wood effect flooring, perimeter shelving, painted dresser, display table with painted turned legs, window display areas each side if front door, hanging space for bagged items, bespoke counter with tongue and groove panelling and complimentary dark worktop, till and generous wrapping area.Storeroom/ OfficeBehind the shop counter is a good-sized storeroom cum office with good run of worktop doubling as desk space, perimeter shelving and floor storage space Kitchenette Following on from the store Room is a staff kitchen with period style quarry tiled floor, twin stainless steel sinks and a range of base units, high window to side and door leading to;Secure yardIdeal for bin storage and for deliveries to save stock being carried through the retail shop. A gate leads to the rear car park with three allocated parking spaces.First FloorKitchenGenerous kitchen with twin windows to front making this room lovely and airy. High ceilings enhance the feeling of space even further, stainless steel sink and drainer with useful storage space beneath, range of modern looking base units in a nice bright white colour, Beko upright fridge, two freestanding metal shelving units central island, feature fire place and wall mounted TV. Dresser and kitchen unit with built in oven and microwave oven.Store Room 1A nicely proportioned room with high ceiling and fluorescent lighting, window to rear and white pedestal hand wash basin.Store Room 2Generous store Room, Dexion type shelving arranged along one wall and ample floor storage space.Good sized galleried landing.

Tenure
We are advised that Love Cake Supplies is being sold as a leasehold business opportunity, the current 6 year lease has another year to run but we are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner. The rent is very reasonable, given the main road position at £11,500 per annum.At the time of instruction no business rates were payable.

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