Summary
The Classic Cupcake Co - Mosman
Revenue
$600,000 pa
Net Profit
$173,432 pa
Lease
2 leases for separate premises. Available upon request
Employees
Staff roster available upon request
Reason for Sale
Owners relocating overseas
About the Business
The 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
Turnover: $600,000
Net Profit for full year: $173,432
Price: $250,000 + SAV
Contact Warren Levy - 0414 474 777
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