Sweet Shops for Sale – Biznis Resource

Salt City Sweet Shops are 3 unique and tasty retail stores catering to the sweet tooth of everyone in the valley! Purchase just 1 or ALL 3 shops!

The Herriman store has been in operation since March 2017 (only $125K)!

The original Sandy store has been in operation since June 2019 (only $225K)!

The new Sandy store has been in operation since April 2022 (only $200K)!

BUSINESS VALUE INCLUDES (only $500K for ALL 3 stores):

3 Established Businesses:
- Salt City Sweet Shop (Herriman, UT): 13292 Rosecrest, Ste. B, Herriman, UT 84096
- Sweeteez (Sandy, UT): South Town Mall (downstairs)
- Salt City Sweet Shop (Sandy, UT): South Town Mall (downstairs)

Store Specialties:
- Salt City Sweet Shop (Herriman, UT):
  - Cookies
  - Cupcakes
  - Cakes
  - Gourmet Apples
  - Chocolates
  - Truffles
- Sweeteez (Sandy, UT):
  - Retro / Vintage Candies (i.e., collectibles, such as Pez)
  - International Candies
  - Squishmallows
  - Jelly Belly Products
  - Bulk Candies
  - Sugar-free Candies
- Salt City Sweet Shop (Sandy, UT):
  - Bottled Sodas
  - Ice Cream
  - Fresh Fudge
  - Gourmet Apples
  - Chocolates
  - Truffles

Online Presence:
- Google My Business: 93 Reviews / 4.5 Stars
- Website: https://www.saltcitysweetshop.net/
- Facebook Business:
  - Salt City Sweet Shop (Herriman, UT): https://www.facebook.com/Salt-City-Sweet-Shop-Herriman-2285302885072378
  - Sweeteez (Sandy, UT): https://www.facebook.com/Salt-City-Sweet-Shop-101241836004961
  - Salt City Sweet Shop (Sandy, UT): https://www.facebook.com/Salt-City-Sweet-Shop-339635916905301
- Instagram (431 Followers): https://www.instagram.com/saltcitysweetshop/
- Twitter: https://twitter.com/saltcitysweets1
- TikTok: 40 Followers
- YouTube (just started): https://www.youtube.com/watch?v=AmT5gFkU0W4
- LinkedIn: https://www.linkedin.com/company/salt-city-sweet-shop/

Financials:
- 2021 = $473K
  - Salt City Sweet Shop (Herriman, UT) = $65K
  - Salt City Sweet Shop (Sandy, UT) = $408K (projected)
- 2022 = $463K (projected)
  - Salt City Sweet Shop (Herriman, UT) = $47K (projected)
  - Sweeteez (the original Salt City Sweet Shop – Sandy, UT) = $219K (projected)
  - Salt City Sweet Shop (Sandy, UT) = $197K (projected)

Hard Assets =$235K
- Salt City Sweet Shop (Herriman, UT):
  - FF&E = $93K
  - Inventory = $2K
- Sweeteez (Sandy, UT):
  - FF&E = $20K
  - Inventory = $35K
- Salt City Sweet Shop (Sandy, UT):
  - FF&E = $50K
  - Inventory = $30K
- Toyota Sienna (wrapped with 160K miles) = $5K

Employees = 15:
- Salt City Sweet Shop (Herriman, UT) = 5 Part-time Employees
- Sweeteez (Sandy, UT) = 5 Part-time Employees
- Salt City Sweet Shop (Sandy, UT) = 5 Part-time Employees

3 Leases:
- Salt City Sweet Shop (Herriman, UT) = 1,500 sq. ft.
  - $2,900 / month
  - CAM = $880 / month (CAM)
  - Utilities / Insurance = $500 / month
  - 2 Years remaining
- Sweeteez (Sandy, UT) = 1,293 sq. ft.
  - $2,100 / month + 10% of Sales over $30K
  - No CAM
  - Utilities / Insurance = $500 / month
  - Year-to-Year Lease (renewed 6.1.2022)
- Salt City Sweet Shop (Sandy, UT) = 1,486 sq. ft.
  - $2,100 / month + 10% of Sales over $30K
  - No CAM
  - Utilities / Insurance = $500 / month
  - Year-to-Year Lease (began 6.1.2022)

Opportunities for Growth:
- Salt City Sweet Shop (Herriman, UT) – the Herriman Public would LOVE:
  - Coffee
  - Pastries
  - Fresh Breads / Sandwiches / Paninis
  - Soups
- Sweeteez (Sandy, UT):
  - Cross-sell with Salt City Sweet Shop products – Herriman, UT
  - Cross-sell with Salt City Sweet Shop products – Sandy, UT
- Salt City Sweet Shop (Sandy, UT):
  - Cross-sell with Salt City Sweet Shop products – Herriman, UT
  - Cross-sell with Sweeteez products – Sandy, UT