Keywords:
The Wild Muffin, A Premier Organic & Gluten Free Bakery
Selling as an Operating Business via Absolute Online Auction
Date & Time: Sold Online - September 19, 2012
Location:

CLOSED AUCTION


Additional Notes Dates & Times Locations Photos Categories Details Terms & Conditions
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The Wild Muffin, a Nashville based bakery specializing in natural and gluten free baked goods, was sold as an operating business to the highest bidder regardless of price via absolute online auction. The auction transferred ownership of all physical property owned by the business including a substantial volume of kitchen and baking equipment. The auction also transferred ownership of all intellectual property owned by the business including the logo, domain and web account for www.thewildmuffin.com, all recipes, delivery routes and customer database. All bidding took place online only at www.mclemoreauction.com.

Gross Auction Sales: $64,900.00
Participating Bidders: 21

Additional Notes
McLemore Auction Company, LLC will sell The Wild Muffin, a natural bakery in Nashville, TN, specializing in 'healthy' coffee shop fare. The Wild Muffin sells a variety of muffins, cookies, brownies and other baked goods made with wholesome, natural, and organic ingredients. The Wild Muffin has standing, established wholesale accounts and a dedicated retail customer base. Along with its traditional organic baked goods, the bakery also offers an outstanding variety of gluten free and vegan baked goods, and it has the largest gluten free selection in Nashville. The Wild Muffin is the only local bakery that supplies gluten free items to Vanderbilt University and Whole Foods Market.

Most of The Wild Muffin's current business is wholesale, and they have a dedicated client base comprising local universities, large grocery stores, coffee shops and independent retailers. They ship products throughout the country via their website, and have a loyal local retail customer base. The Wild Muffin has nearly doubled its sales in the past year, and continues to grow.

Dates and Times
Open Date
Tuesday, September 4th, 2012
Close Date
more info
Wednesday, September 19th, 2012
Beginning at 2:00 PM CT
Inspection Date
more info
 
Tue, September 18th, 10:00 AM - 2:00 PM CT
Or by appointment, contact Jessica Martin at (615) 975-1362 to schedule an appointment.
Pickup Date
more info
Tue, September 25th, 9:00 AM - 5:00 PM CT

Locations
The Wild Muffin
998-B Davidson Drive Nashville, TN, 37209
Browse 1 lot at this location

Photos

Categories

All (1)
Businesses (1)
Restaurants (1)

Physical Property
EQUIPMENT:
  • See photo gallery.
  • Seller Provided Inventory
    McLemore Auction Company, LLC does not warrant or guarantee the accuracy or completeness of this document. It is provided as a courtesy and convenience to interested parties.
  • PLEASE NOTE: Deluxe Oven model CR-2-6 will need to have the doors removed to move the oven out of its current location.
BAKING SUPPLIES:
  • Assortment of Baking Extracts
  • Large assortment of food inventory includes but is not limited to: flour, whole wheat flour, quinoa flour, millet flour, sorghum flour, almond flour, gluten free flour blends, tapioca flour, potato starch, chocolate chips, chocolate chunks, spices, walnuts, pecans, cocoa powder, dried cranberries, powdered sugar, brown sugar, sugar, agave nectar, dried coconut, wheat germ, rolled oats, oat bran, flax seed, chia seed, dried dates, poppy seeds, honey, canned applesauce, canned pumpkin, sunflower seeds, sliced almonds, assortment of frozen berries, leavening agents, etc.

Intellectual Property
WEBSITE
Domain: www.thewildmuffin.com Hosted by Stimulating Media.
Site Design: Website Designed by Stimulating Media
Shopping Cart License: Hosted by Big Commerce
2011 Traffic: 1,230 Unique Visitors
2012 Traffic (through May 2012): 901 Unique Visitors
GOODWILL
Accounts:
  • Whole Foods - 2 accounts at Whole Foods, both the Green Hills and Franklin locations.
  • Vanderbilt - 5 different accounts at Vanderbilt University including the university's food services and catering, and a graduate school.
  • Various Coffee and Grocery Shops in Nashville - 5 coffee shops, groceries/markets, and restaurants in Nashville and East Nashville.
  • Total of 12 Standing Clients with Weekly Orders Including Accounts Not Under Contract
Online Customers: 56 Individual Buyers throughout the United States who have placed orders through the Online E-Commerce Site.
Contacts: Mailing List from Previous Owner
Service Providors & Purveyors: List to be provided to buyer.
BUSINESS CONSULTATION
1 on 1 Consultation: 6 Hours with current owner.
Phone/Email Consultation: 5 Hours with current owner.
ART
Logo: Artwork for Registered and Trademarked Logo
Templates: Templates for Product Labels
GENERAL INFORMATION
Recipes:
  • 45 Muffins (Including 19 Gluten Free and 3 Vegan)
  • 13 Cookies (Including 6 Gluten Free and 1 Vegan)
  • 8 Breads (Including 4 Gluten Free)
  • 6 Bread Loaves All Gluten Free
  • 10 Brownies (Including 3 Gluten Free)
Barcodes: Products have UPC registered barcodes.

Sales Figures
2011 Total Sales: $75,200
2012 Total Sales (through August 2012): $72,000
2012 Sales Break Down
Wholesale: $67,900
Retail: $2,690
Website: $1,450
2012 Expenses
$25,900
WEEKLY WHOLESALE STANDING ACCOUNTS ONLY
Fall: $1,800/ week during regular season (aka the school year).
Summer: $1,000/week in the summer season.
Holidays: $2,200+ / week during the holiday season.

New Owner Options
Location Rental:
  • Possible lease of current space pending landlord approval. Contact Dawn Downey at 615-353-1731 for details.
  • Current location is equipped with 3 basin sink, mop sink, hand sink, private bathroom, central heat/air. These items stay with the building.
  • Current location has a small retail storefront with a step down kitchen area.

Auction Agent for this Consignment
Patti Baldini
615-500-4917
patti@mclemoreauction.com
Patti's Staff Page
locationPrimary filterBy2788 category--
Terms and Conditions
By participating in this auction the bidder agrees to the following terms and conditions:
  1. Disclaimer:
    All lots sell as is, where is, with all faults. McLemore Auction Company, LLC and the seller do not give or make any type of guarantee or warranty regarding the lots to be sold, implied or otherwise. McLemore Auction Company, LLC encourages all bidders to inspect lots in person before bidding. McLemore Auction Company, LLC is not responsible for incorrect listing information, if any. McLemore Auction Company, LLC has attempted to provide accurate descriptions of all items, however, it is the bidder's responsibility to determine the condition and suitability of each lot. Printed statements or descriptions by McLemore Auction Company, LLC staff are provided in good faith and are matters of opinion.
  2. No Reserves:
    Each lot will sell to the highest bidder without reserve.
  3. No Buybacks:
    All sellers are contractually prohibited from bidding on lots they have consigned to the auction.
  4. No Returns:
    All sales are final. There are no returns, refunds, or adjustments.
  5. Buyer's Premium:
    A buyer's premium of ten percent (10%) of the high bid will be added to the high bid to determine the final sales price for the auction lot.
  6. Sales Tax:
    McLemore Auction Company, LLC will not collect sales tax on items in this auction.
  7. Payment:
    Payment in full is due at the conclusion of the auction. Payment may be made at McLemore Auction Company, LLC (470 Woodycrest Av, Nashville, TN). All bidders must pay for their purchases no later than 5:00 PM CT on Friday, September 21st, 2012.

    McLemore Auction Company, LLC accepts the following forms of payment:

    • Cash
    • Certified checks
    • Cashier's checks
    • Money orders
    • Personal and company checks accompanied by an irrevocable bank letter of guarantee addressed to McLemore Auction Company, LLC
    • Wire Transfers (Please note: a $15 service fee will apply to all payments below $5,000 made via wire transfer. For wire transfer instructions, please email info@mclemoreauction.com)
    • Credit Cards (MasterCard, Visa, American Express and Discover) (Please note: McLemore Auction Company, LLC will only accept payment by credit card for invoices of $5,000 or less. Payment for invoices greater than $5,000 must be made via wire transfer or cashier's check. Real estate may not be paid for using a credit card.)
    Merchandise becomes the full responsibility of the bidder at time of payment and the bidder assumes all risk of loss and damage to property at that time. McLemore Auction Company, LLC reserves the right to resell any property not paid for in full by the conclusion of the stated pickup period. In any such event, the bidder will still be responsible for payment for the original purchase and the costs of collection of this payment and/or damages resulting from the resale of the property.
  8. Inspection:
    All items in this auction are available for inspection at 998-B Davidson Drive Nashville, TN, 37209 according to the schedule below.

    Inspection Date:
    Tuesday, September 18th, 10:00 AM - 2:00 PM CT

    Additional Inspection Information:
    Or by appointment, contact Jessica Martin at (615) 975-1362 to schedule an appointment.

  9. Pickup:
    All items, may be picked up from 998-B Davidson Drive Nashville, TN, 37209 once McLemore Auction Company, LLC has received and acknowledged payment in full. Bidders are responsible for rigging, loading, and moving all items purchased without assistance from McLemore Auction Company, LLC.

    Pickup Date:
    Tuesday, September 25th, 9:00 AM - 5:00 PM CT

    All items must be removed from the auction location by 5:00 PM CT on Tuesday, September 25th, 2012.

    Any items not removed by this time will be considered abandoned property. McLemore Auction Company, LLC reserves the right to resell the items and retain all sales proceeds as payment for accumulated, unpaid storage and handling.
  10. Shipping:
    Shipping for this auction will not be provided by McLemore Auction Company, LLC. McLemore Auction Company, LLC will gladly facilitate shipping with third party moving/shipping companies. There are several moving/shipping companies that are willing to provide shipping services for this auction.

  11. Auction Ending:
    Beginning at the stated closing time, the auction software will conclude bidding for five lots each minute in catalog order with the following exception: if a bid is placed in the last five (5) minutes remaining for that auction lot, bidding for that lot will remain open for an additional five (5) minutes.
  12. Outbid Notification:
    Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid. After that, bidders may find out if they have been outbid by clicking the "Review Bids" button at the bottom of each page. Items the bidder is no longer winning will be marked with a red indicator.
  13. Debt Collection and Interest Charges:
    The bidder agrees to pay all reasonable attorney fees and other costs incurred by McLemore Auction Company, LLC in its efforts to collect unpaid funds from the bidder. The bidder agrees that a fee of 2% of the outstanding balance per month be added to any unpaid balance due McLemore Auction Company, LLC. Any debt collection or dispute proceedings will be heard in Davidson County, Tennessee.
  14. Guaranty Agreement:
    By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment to McLemore Auction Company, LLC of any bid amount not paid when due by the business entity or corporation, for any reason, together with all collection expenses incurred to enforce collection, including a reasonable attorney's fee.
  15. Limitation of Liability:
    If, for any reason, McLemore Auction Company, LLC is unable to make available or deliver any Purchase, or portion thereof, or documentation required in respect of any Purchase, the sole liability of McLemore Auction Company, LLC, if any, shall be the return of monies paid in respect of such Purchase upon its return by Purchaser.
  16. Age Requirement:
    All bidders must be 18 years of age or older.
  17. Bidder Information and Security:
    All registration information the bidder provides to McLemore Auction Company, LLC shall be current, complete, and accurate. All bidders are responsible for any bids placed under their bidding numbers and passwords. The security of bidder information is the responsibility of the bidder. Bidders must notify McLemore Auction Company, LLC if they believe that their bidder number and password have been compromised.
  18. Owner Information:
    Jessica Martin
Highlights:

r1234

Gross Auction Sales: $64,900.00
Participating Bidders: 21
Categories: ALL ITEMS (1)
Notes:
c1b1c03bee274faba72c7010177ad643
Bidder number Password