Hilton Smythe are pleased to have been given the opportunity to manage the sale of The Cake Room which is a well established bespoke cake maker and retail store with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular local business in an area teeming with customers.
The Cake Room was founded by the current owner many years ago and has traded from the current premises for the last 3 years or so. The business has been a real labour of love for the vendor and has accrued many regular customers and a burgeoning reputation.
Alas, this lovely little business is being sold, albeit reluctantly and with a heavy heart only due to a wish to take a well earned retirement. The vendor is keen to see her beloved cake business pass to an ambitious and entrepreneurial new owner who can take it to the next level.
The Cake Room provides bespoke wedding and celebration cakes, made to order by an award-winning cake artist using only the finest ingredients. Cupcakes and dessert tables are also available.
The retail shop side of the business offers sugarcraft supplies and cake making products.
Additionally, The Cake Room offers basic and intermediate in-house classes with Day workshops and 1-2-1 tuition also being made available.
The sale will include the company Facebook page and the business enjoys good visibility on the internet.
Scope to improve
Advertising and marketing campaign
Maximise the use of social media particularly Twitter, Instagram and Pinterest
Website, ideally with a gallery and online ordering facility
Attend wedding fairs
Reasons to Buy
- A well established business with an enviable reputation and many happy customers
- Prime trading position in Bridgnorths vibrant shopping centre
- Low running costs with inexpensive rent and no business rates
- Ideal owner managed or partnership business
- Current owner happy to offer a handover to ensure the continued success
- Ideal first business for a keen amateur baker
- All fixtures and fittings included making this a real ‘Turnkey’ business opportunity
Hilton Smythe highly advise early viewing to avoid disappointment.Location
The Cake Room is located in Bridgnorth.
Bridgnorth is a town in Shropshire. The River Severn splits it into a High Town and Low Town. The population at the 2011 census was 12,079. Bridgnorth is connected to Shrewsbury by the A458 road, to Telford by the A442 road and Wolverhampton via the A454 road. The town is 9 miles from the M54 and 16 miles from the M6 motorways.
The Cake Room is ideally located in the main shopping area which is unusually busy and vibrant and occupies part of the Majestic Cinema which is the only working cinema in Bridgnorth and which opened in 1937.
The business sits alongside other complimentary retail businesses, many of which are independents and thus benefits from high levels of footfall and passing trade. The business is nicely presented and maintained with clear visible signage and distinctive livery. There are a number of inexpensive public car parks within easy walking distance.Premises
The Cake Room occupies the ground floor of a retail shop unit, is nicely presented and maintained and briefly comprises;
Windows and glazed door to front creating a light, airy and inviting interior, high ceilings with led spotlighting, expensive looked tiled floor, bespoke counter, perimeter shelving and hanging space, open plan kitchen area with a range of base and wall units in a high gloss finish, 1 ½ bowl stainless steel sink with Monobloc tap, good run of work top, Electrolux fan oven, Electrolux mini combi oven, microwave, 2 mixers, Hotpoint fridge freezer, perimeter shelving, wall mounted bug zapper.
Also included in the sale are tables and chairs, cake tins, cutlery. Cutters, display cakes, colours, piping nozzles, bowls and tubs, cake stands, tools, rolling pins and boards etc.Tenure
We are advised that The Cake Room is being sold as a leasehold business opportunity.
The existing 5 year lease has approximately 2 years remaining and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.
The current rent is £6,600 (including vat) per annum which is really reasonable given the size and location of the premises.
We are advised that the business benefits from being exempt from business rates.Hours
Tuesday to Saturday 09.30 – 16.30
The business is run and managed by our client with the help of a part time member of staff.Financial Profile
The Cake Room generated an advised annual turnover of circa £33,000 as of the 2018 accounts with a gross profit of approximately 77%.