Reputable Bakery For Decades, Celebrity Clients!
Los Angeles, CA Los Angeles County
Asking Price:
$1,400,000
Annual Revenue:
$2,288,657
Request More Information Contact the Seller
- RE: Reputable Bakery For Decades, Celebrity Clients!
- Contact: Melanie Smith
- License #: 02046497
Quick Facts
| Asking Price: | $1,400,000 | |
| Annual Revenue: | $2,288,657 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $516,749 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $376,486 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1940 | |
| Employees: | 25 | |
| BBN Listing #: | 365762372 | |
| Broker Reference #: | 130-22691 |
Business Overview:
This is a unique opportunity to acquire a profitable, famous bakery in Los Angeles! The bakery serves premium, homemade cakes and cupcakes! The bakery specializes in custom decorated cakes for birthdays, weddings, and more! The bakery has an established reputation for delicious, beautiful cakes for over 7 decades. The bakery has returning customers of all types ranging from your neighborhood family all the way to celebrity clients! This is a perfect opportunity for another bakery owner to grow through expansion or a buyer with restaurant experience looking to own their own business! Call Today!To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This business has a leased location of 5,500 square feet with a total monthly rental of $11,098. The seller is active in business with 20 Full Time and 5 Part Time employees. Hours of operation are 9am-6pm Tuesday-Saturday, Sunday 9-3pm, Tarzana 10:30am- 5pm- Tuesday - Saturday. Included in asking price are $245,859 in inventory and $376,486 in equipment and fixtures.Reason for Selling:
Seller is looking to retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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