Hilton Smythe are delighted to offer to the market Mad 4 Cakes. Established by our client in 2011 and relocated to this site 4 years ago. The business is now offered to the market due to the ill health of our client's wife.
The highly regarded cake shop is popular with celebrities such as Mel Giedroyc from the Great British Bake Off and have provided baby shower cakes and treats for Imogen Thomas.
95% of the business is derived from cakes to order and 5% from people walking into the business and purchasing cakes to go, takeaway coffee and birthday items.
Currently making around 17 x individual cake orders per week, they can customise your cake to order for birthdays, weddings, celebrations and parties, make eggless cakes, add edible photos and deliver direct to your door. They can also provide cupcake parties, events and catering, shop based classes teaching sugar work, provide full ingredients to make your own cake as well adapting receipts for individual dietary requirements.
They also supply a large range of birthday items such as balloons, party poppers and confetti.
Opportunity to develop the walk-in sales as there is over 20 new apartments being developed across the road as well as commuters walking to nearby Eastcote tube station.
The business has 600 Facebook followers and a busy Instagram, Pinterest and Google account.
Handover of all cake receipts and orders will be offered.
TENURELeasehold business opportunity.
10 year original lease.
6 years remaining as of 2017.
Rent £10,000 per annum.
Rateable value as of the VOA website £11,250.
Tuesday to Friday: 8 - 6
Saturday: 8 - 4
Hours have been reduced to commitments.
STAFFOwner with help from a family member and 2-part time cake decorators.
FINANCIAL PROFILETurnover of £80,000 as of 2017 accounts, with a gross profit of circa 68%.
Mad 4 Cakes is centrally positioned on Field End Road, Eastcote, Middlesex.
The prominent shop is located on a row of local shops with metered parking directly in front.
Eastcote tube station is less than 2 minutes' walk from the shop as well as the main bus stop.
Eastcote is located in between Ruislip and Pinner and approximately 17 miles west of London.
The area is very popular with London commuters and is accessed within 30 minutes via the A40.
The premise is approximately 69m2.
2 x prominent window displays with central door.
Glass topped cabinet in the left window area, 2 x cubed display units to the right window.
Hanging rails to the left and right with additional party good retail shelving.
Air conditioned unit.
4 x tables, 8 x chairs.
Glass fronted drinks fridge, 1.2 m warm glass fronted hot server, 1.2 m cold glass fronted serve over fridge, tall glass fronted cupcake fridge, till and card machine.
Serving area - 2 x granite topped storage units, 2 x arm coffee machine and cone grinder, stainless steel cupboard and sink, microwave, waffle maker, blender, griddle, stainless steel and granite topped chilled fridge.
Rear kitchen - Buffalo cake mixer, Williams double stainless-steel freezer, single fridge, chest freezer, hand wash sink, storage racking, preparation table, L-shaped bench and under counter storage as well as 3 x wall mounted shelves.
Rear storeroom - shelving, new boiler, turbofan oven, cake tins, racking and a mezzanine raised dry store area.
There is a leased van available with the business if required.