Archived
Performing Specialist Cake Making Business
Glasgow, Glasgow, Scotland
- Asking Price: £20,000 +SAV
-
Turnover:
Accounts will be made available to all interested parties.
Please quote reference B04877
- Tenure: Leasehold
Please quote reference B04877
Hilton Smythe welcomes to the market an exciting opportunity to acquire an exceptionally well run and performing specialist cake making business with an excellent reputation along with a strong and consistent brand.
The business has only now come to the open market as it’s our clients desire to retire from the industry after many successful years of trading. The business has been under the careful and meticulous ownership of our client for 24 years and who has grown the business year on year to an impressive level growing steadily with many loyal and repeat customers.
Tiers Celebration Cakes offers a bespoke cake design and manufacture service for all occasions. Each cake is made to the customers own design and they can make it in any shape, colour and flavour. They supply cakes for Birthdays, Christenings, Weddings, Communions, Christmas and also supply cakes for Corporate clients as well. The business benefits from an ongoing steady order book.
The business further benefits from state-of-the-art equipment in the manufacturing workshop, along with a dedicated and skilled workforce helping to ensure a high quality, overall level of service and workmanship to existing and potential clients. Tiers Celebration Cakes includes an excellent website http://www.tiers-cakes.co.uk with a tremendous following on Facebook.
We feel that there is scope to increase turnover and take the business to the next level by undertaking in: -
1. A robust marketing campaign to generate new contracts and orders
2. Expansion of the workforce to help accommodate new and ongoing contracts
3. Revised operating hours
4. The online presence could also be developed to offer an online shop for core products.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or a larger enterprise looking to increase its position and presence within the industry. A tremendous opportunity to own this turn key business, and early enquiries must come highly recommended to avoid disappointment.
The business is currently run and managed by the current owner.
Monday to Saturday 08:30am till 06:00pm Sunday Appointment Only
Tiers Celebration Cakes is currently located in a small industrial unit in the popular Castlemilk area of Glasgow but could easily be relocated to any part of the local area or further afield. Glasgow is the largest city in Scotland and the fourth largest in the United Kingdom, after London, Birmingham and Leeds. As of the 2011 census, the city had a population density of 3,395 people per square kilometre.
The city offers many amenities for a wide range of cultural activities, from Curling to Opera, Ballet, Music and Sporting events.
Leasehold Unit on a month to month rolling contract.
Equipment Includeds: - • Compacta 3 deck commercial oven • 2 x Hobart mixers • 1 x Hadden rake • Dye Machine • 5 x Stainless steel work stations • Mobile preparation areas • Various Bakery equipment • Racking and trays • Computer • Imaging machine • Microwave • Fridge freezer And further industry related equipment.
Tenure
Leasehold unit available with rent payable of £330 pcm
No business rates payable
Can be relocated if required.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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