Local South Bay Bakery gem with both retail and wholesale components
| Asking Price: | $179,000 |
| Gross Revenue: | $400,000 |
| Rent: | $2,450/Month |
| FF&E: | $80,000 |
| Cash Flow: | $80,000 |
| Inventory: | $1,000 |
| EBITDA: | $55,000 |
| Established Year: | 2019 |
Nestled in the heart of the South Bay, this bakery is a local gem serving both retail and wholesale clients. It survived through the pandemic with incredible grit and tenacity, finding new ways to serve clients and as such built a loyal following. The bakery serves both vegan and gluten free options that are very popular with health-conscious clients. This scratch kitchen is focused on using the very best ingredients, from European cocoa to high-quality couverture chocolate. Customers are in love with the house-made scones, vegan chocolate chip cookies, chocolate banana bread (a family recipe!), and croissant bread puddings. This bakery makes excellent and unique cakes, that customers are in love with due to the incredible and fresh ingredients, such as the Persian Love Cake (saffron, custard, pistachios, rosewater Swiss buttercream) or "The Earl" (Earl Grey tea, whipped passion fruit and berries, whipped caramel). All cake batters and components are made in-house. This bakery also focuses on excellent vegan and gluten-free cakes and pastries (as options).
This bakery's catering arm makes gorgeous artistic tiered cakes for events such as weddings, and provides beautiful catered bite-sized items for events. This bakery is a preferred vendor at several local South Bay venues and has lots of room for growth.
The cafe has a full coffee bar, and most syrups and sauces are also made in-house. Intelligentsia coffee is served at this establishment, with a full menu of espresso drinks, lattes, brewed and cold brew coffee, and spritzers.
This business also has a vibrant wholesale business, including: a major local hospital, local deli, coffee shops, caterers, distributors, and grocery stores. This could also be expanded with more resources and marketing expertise. The seller is wanting to spend more time with her two small children, but is willing to train new buyer and stay on during a transition period. Owner put over $215,000 in leasehold improvements into the retail location.
