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Wanderbakes 6 /10

2019 Estd  ·  2 Franchisees  ·  West Jakarta HQ  ·  Listed By Business Owner / Director
This transaction has closed and is no longer available.

All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Franchise Partner - Major Cities Outside Jakarta USD 14 - 22.4 thousand USD 10.7 thousand 500 - 800 Sq Ft 5 USD 15.7 thousand 19% Principal fee (brand fee) only if revenue is above IDR 100 million/month, below that, there will be no principal fee. The principal fee goes towards the management and marketing of that outlet. No royalty apart from this.
Format Name Franchise Partner - Major Cities Outside Jakarta
Investment USD 14 - 22.4 thousand
Brand Fee USD 10.7 thousand
Space 500 - 800 Sq Ft
Staff 5
Expected Monthly Sales USD 15.7 thousand
Profit Margin 19%
Royalty / Commission Principal fee (brand fee) only if revenue is above IDR 100 million/month, below that, there will be no principal fee. The principal fee goes towards the management and marketing of that outlet. No royalty apart from this.
Documents
About Wanderbakes
Wanderbakes, established four years ago with only IDR 10 million embarked on a mission to become the ultimate online cake shop, providing an effortless online purchasing experience for custom cakes.
As a trailblazing cake shop, we introduced "Sameday Custom Cakes" 3 years ago. Since then we have carved out a niche in the promising cake-as-a-gift market. The daily orders for same-day cakes have grown from 4 per day to 40 per day!
Our dedicated team of 19 professionals (and growing) has successfully delivered over 16,500 celebration cakes to our loyal customers 2 years back and last year, all without the need for a physical storefront.
Having experienced remarkable growth, our Average Order Value (AOV) has increased by 22% year over year for the past 24 months. This consistent upward trend showcases our commitment to quality products and exceptional customer satisfaction.
Our current business operates at a high EBITDA margin of 19% and we strive to replicate the same model for our partners.
Products and Services
- Custom cakes.
- Same day cakes.
- Desserts.
Customers have the option to pick up their orders and get them delivered. There is a flat delivery rate of IDR 55K on all cakes, or customers get free delivery for a minimum purchase of IDR 850K.
We also plan to expand into a baking studio through a subsidiary brand.
Preferred Locations
Surabaya, Medan, Bandung, Yogyakarta, Bali.
How to get Wanderbakes Franchise?
Connect with us on SMERGERS and we will guide you through the entire process.
What are some of the things we look for in a Franchisee?
- Dedicated partner to expand our business in at least 2 different cities in other cities.
- Hopefully, a partner that has a background in retail spaces as we are transitioning from a completely online cake shop into an offline store with a never-seen-before concept.
Support you can expect from the company
The franchisee/partner can expect full management support from our Jakarta HQ, we are not only selling ‘franchises’ but we are hoping to create a real long-term partnership. They will receive training in business know-how, recipes, marketing support, and staff training.
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This transaction has closed and is no longer available. View other business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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