The Classic Cupcake Co - Mosman
The Classic Cupcake Co - Mosman
Industry :
Industrial/ManufacturingSub Industry :
Food/BeverageThe Classic Cupcake Co. was established in 2012 by the previous owner. Current owners purchased this well-established business about 6-months ago with big plans to continue to grow this business to the next level. Due to a sudden family decision to migrate to the US, the business is now back on the market for sale.
The Classic Cupcake Co. has now amassed over 22,000 followers on social media, has been a hit at hundreds of events, and has supplied thousands of cakes & cupcakes to the local community.
The business enjoys a long-standing reputation and regular and repeat clientele. Many of their clients are repeat customers or via word of mouth due the amazing service and products they have to offer.
About 2 years ago, the second location was opened as there was an imminent need for a dedicated Baking Academy with extra space for their heavily desired classes. The classes are very well received by customers and have been selling out a couple of months in advance.
The business is perfectly suited to one single owner-operator in its current structure, yet there is an enormous opportunity to grow this into a broader chain.
KEY FEATURES
- Highly successful and well-received business model
- Unique and specialised hand-made cupcakes, cakes and brownies, desired by most
- No related competition nearby
- Purpose-made cakes for functions and special events
- Classes and parties operate weekly. Over 10,000 students since opening
- Simple and turn-key business operation
- Exceptional reputation for quality, concept, and value
- Established – 13 years ago
- An extensive loyal customer database
- Has enjoyed lots of positive PR over the years including TV appearances
- Very active social media including Facebook, Instagram, Google, TikTok and LinkedIn
- Full training and handover available from owner
Net Profit for full year - $173,432
Price - $250,000 + SAV
Contact Warren Levy - 0414 474 777
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- To maintain effective communication with every client throughout the marketing period.
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$250,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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