Stock Included: Yes
Stock Value: 60,000
Years Est: —
Gross Revenue: —
A hub for all things cake decorating in the region, Latorta is the dominant business in Canberra servicing its particular niche. The business offers a diverse range of products and services from retail to training provision, giving the owner the benefit of a versatile and robust business model, with earnings approaching $250,000 in 2013-2014.
Founded in 2012, the business continues to grow steadily, making more than $1 million in sales for 2012-2013, and growing to over 1.2 million in 2013-2014. Significant investment has been made to systemise the business, and there is massive potential to grow the store by opening in key locations interstate, franchising the business, expanding the new online webstore or capitalising on the significant additional traffic that the opening of Ikea will bring to the Majura Park precinct.
This unique specialty business targets professionals, serious hobbyists, and a previously untapped mainstream market of mums and dads making birthday cakes for their kids. The customer base is predominantly women between the ages of 20 and 40 looking for the products, service and inspiration they need to get creative. Considerable investment has been made establishing a strong and recognisable brand that is adored by customers, which can be cultivated even further by the new owner.Asking price is $295,000 plus SAV.
Stock approx. $60,000
Corner your own niche market. To find out more, please express your interest by using the ‘enquire’ form on this webpage or alternatively enquire via email to email@example.com
Lead agent Frank Walmsley
0400 446 605
Approximate Stock Value: