Cupcakes & Creamery Franchise (Kingwood Area)Listing: #HT00019
About this Business for sale in HoustonCupcakes & Creamery Franchise (Kingwood Area)
Located on major street where 37,000 cars per day travel. This national franchise provides freshly baked gourmet cupcakes daily, homemade ice cream, specialty coffee and drinks, birthday cakes, dog cupcakes and so much more. The business also does cupcake decorating classes for all occasions. Sales have been steadily increasing due to established presence since April 2018. Strong potential to increase sales by doing the following:
1. Open more days as store operates Tuesdays through Saturdays and closed on Sundays & Mondays
2. Bake more cakes as owners decline to bake numerous cakes during the week due to capacity
3. Spend on marketing/advertising as YTD 2022, zero money has been spent
4. Target more business customers as store already has several business accounts
5. Both owners have other jobs and cannot devote proper time to growing business
The surrounding area is growing with new businesses & communities being developed, giving opportunity to reach more people. Average household income $105,000 within a 5-mile radius. $4,300 rent for 1,300 sf includes water and trash. Low 3% royalties - if desired, new owner has option to buy business without the franchise.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.