Established Quality Cake Business - Hilton Smythe
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Established Quality Cake Business

Birmingham, West Midlands

  • Asking Price: £24,950 +SAV
  • Turnover: According to the 2015 accounts the business generated a healthy turnover is £62,000.
  • Tenure: Leasehold

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CoGoGo welcomes to the market Make a Wish Cakes. Originally founded by our client over 11 years ago, the business has seen year on year growth to the successful business it is today. The business makes and provides bespoke cakes of exceptional quality covering every occasion, including exquisite wedding cakes and cakes for birthdays and christenings. Also unique and personal novelty and seasonal cakes. Our client is highly skilled, gaining qualifications in Cake Decoration and Sugar Craft and is well known in the area, seeing a high amount of repeat trade and word of mouth referrals. According to the 2015 accounts the business generated a healthy turnover is £62,000. The business has a user friendly website www.makeawishcakes.co.uk giving further information about the business and a gallery of pictures from previous orders. The business also has a presence on social media with regular updates and features. We believe there is potential to generate additional income. Perhaps by introducing sales of cake accessories such as icing, cake boxes and cake decorations either in store or on-line. A new owner may wish to start baking classes, certainly the size of the premise could accommodate this. This is a delightful well established business opportunity which reluctantly comes to the market due to our clients’ poor health and we believe is ideal for a new owner with passion and enthusiasm to take the business to the next level.

The business is solely run and managed by our client.

The business opens: -Monday and Saturday 9.30am – 1.00pmTuesday, Wednesday, Thursday and Friday 9.30am – 4.30pmSunday closed.

The business is located just on the outskirts of the city of Birmingham, West Midlands. Make a Wish Cakes occupies a prominent corner position in a busy retail parade with a host of independent shops including a newsagents, hair salon, beauty salon, pharmacy and convenience store. In the vicinity is also a church, community centre and library ensuring a constant and heavy footfall throughout the day. The business sits within a densely populated residential area from which the business derives much of its trade. The area is served by the arterial A4041, connecting to the M6 and Birmingham city centre. There is a bus stop within walking distance of the business with regular bus services running daily.

Substantial corner premise with large display windows and good signage. Spacious retail area with waiting area. Long curved counter/work area with shelving beneath, ample cupboard space and shelving to the perimeter walls and cake displays. Further rear preparation area with double stainless steel sink and drainer, mixer and gas oven and hob. Equipment includes: -Large mixer6 ring hob and gas oven Work tops Cake stands Double commercial sinkBakers trays Fixtures and fittings Cake bases - boxes etcMicrowave Toilet facilities and rear entrance.

Tenure
We are advised leasehold.The original lease length is 6 years.As of 2016, 5 years remain on the leaseRent is £6,250 per annum.

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