Boutique bakery specialized in home-made desserts delivered to your doorstep

09/06/2016

$ 355,200

Location: JLT, Dubai, UAE

Rent inside/outside: 102.850 AED ($28.100)

Size of the place: 630 sq ft

Income: 70.000 AED (19.130$)

More details

Boutique bakery specialized in home-made desserts delivered to your doorstep

Boutique bakery specialized in home-made desserts delivered to your doorstep

Location: JLT, Dubai, UAE

Rent inside/outside: 102.850 AED ($28.100)

Size of the place:...

Business plan development
Due diligence
Development of marketing plan

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A boutique bakery, which is offered for sale, specializes in producing unique and high quality desserts, and locates in the heart of Dubai with a fully operational store and kitchen. The product range of the company includes: cakes, pies, brownies, cupcakes, dessert jars, cronut holes, macarons, healthy desserts, cake pops. Bakery's strategy is to offer the market a distinctive experience that can set them apart from traditional bakeries in the industry. This whole new experience ensures that customers are left with a little taste of home. The atmosphere of the bakery makes every customer feel or think that the product is home-baked, fresh, affordable, accessible, unique and has high quality.

Financial state of the firm is stable and well promising. During recent months the company shows a sharp increase in income (from 50.000 AED - 13.660$ to 70.000 AED - 19.130$) and is already able to cover its running costs. The future success of the company is not doubtable because it has the development strategy plan, acting according to which company has already shown great and expected results. Recently the bakery has got the business offer from both Emaar and Meraas properties to place 3 booths each (total of a 6 booth expansion plan), which is an undeniable proof of brand awareness and very positive perspectives.

 

Details

1. Location: JLT, Dubai, UAE

2. Established: March 2014

3. Size: 630 sq ft

4. Principal activity of the company: bakery

5. Annual rent expenses: 102.850 AED ($28.100)

6. License payment yearly: 20.030 AED ($5.500)

Expiry date: 24 of March 2017

7. Depreciation 2015: 68.300 AED (18.700$)

8. Office expenses 2015: 13.400 AED (3.660$)

9. Salaries and other benefits 2015: 105.400 AED (28.800$)

Employees: 2 drivers, 3 chefs, 1 front desk

10. Marketing and advertisement expenses 2015: 22.900 AED (6.300$)

11. Total expenses Jan-Aug 2016: 410.144 AED (112.100$)

12. Total income Jan-Aug 2016: 275.045 AED (75.150$)

13. Gross profit Jan-Aug 2016: 187.986 AED (51.400$)

14. Net earnings Jan-Aug 2016: -222.008 AED (60.700$)

15. Assets: 162.111 AED (44.300 $) fully operational kitchen, fridge, double freezer, 2 ovens, mixers, store fit out, display fridge

Furniture and equipment: fully furnished office inside the bakery (printer, scanner, edible printer for customized work), front desk fit out with POS system and 2 card machines

16. Total equity and liabilities 14th of February 2016: 322.605 AED (88.150$)

 

Selling price: 1.300.000 AED ($355.200)

The price includes:

1. Well promising business

2. Adjusted work processes

3. Company’s assets

4. Branded website

5. Great opportunities to expand the business and increase the profit

6. Reliable suppliers

7. Agreements with already existing b2b customers (restaurants)

8. Six month expansion plan with property development groups as well as a 6 month marketing plan

9. Brand development strategy

10. Legal support, which guarantees the purity and safety for the whole deal.

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