Status: Active
Cupcakery & Ice Creamery - Listing #: 57716
| *May Qualify For Visa* | |
| Category | : | Restaurants | SIC | : | 5812 | |
| Detail | : | Dessert Restaurant | Price | : | 208,000 | |
| County | : | Palm Beach | Down | : | 208,000 | |
| State/Prov | : | Florida | Disc Earn | : | 84,386 | |
| Country | : | USA | Sales | : | 204,145 |
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Established in 2017 this greater Ft. Lauderdale, Florida based cupcakery and ice creamery business is being offered for an asking price of $208,000. Family-owned and operated while developing a quality brand, this business has been built on the hard work of the sellers and their employees, with a superb quality reputation earned over the years. The sellers are ready for relocation for family needs and have set the next owner up for success with established processes and steady sales growth. |
| Documents on File | : | Equipment List: Y Lease: Y Corp Resolution: Y |
| : | Cash Flow: N Balance Sheet: N |
| : | Standard Agreement: N Signature on File: Y |
| Reason for Sale | : | Relocation |
| General Location | : | Greater Fort Lauderdale |
| Organization Type | : | 'LLC' Hours Owner Works: 40 |
| : | Years Established : 8 Years Owned: 8 Emp FT: 5 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 20 Years: 5 Weeks Training: 2 Cost: $0 |
| Operating dys/hrs | : | 10:30AM-5:00PM(Mon-Fri);10:30AM-4:00PM (Sat);Closed(Sun) |
| Skills/Licenses | : | Dept Food and Agriculture Est License;Food & Safety Mgr lic. |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: N May Qualify For Visa: Y |
| Data Source | Tax Return | Tax Return | Tax Return | |
| Year (Cash Flow) | 2024 (N) | 2023 (N) | 2022 (N) | |
| Gross Revenue | 204,145 | 163,611 | 214,761 | |
| Cost of Goods | 46,535 | 32,481 | 31,639 | |
| Gross Profit | 157,610 | 131,130 | 183,122 | |
| Expenses | 135,824 | 152,453 | 168,029 | |
| Net | 21,786 | -21,323 | 15,093 | |
| Owner Salary | 25,000 | 25,000 | 12,000 | |
| Benefits | 32,470 | 78,569 | 34,645 | |
| Interest Expense | 5,130 | 4,280 | 2,301 | |
| Depreciation | 0 | 7,695 | 7,695 | |
| Other | 0 | 0 | 0 | |
| Discretionary Earnings | 84,386 | 94,221 | 71,734 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 40,000 | Y* | ___________ | 0 | N* |
| F F & E | 236,000 | Y* | Total Assets | 276,000 | Y* |
| Leasehold | 0 | Y* | *Included? |
| Lease/Month: 5,537 | Square Footage: 1,437 | Building Type: Outdoor mall |
| Terms & Options: New long-term lease avail | Expiration Date: 8/27/2027 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |