Reputable Cake Bakery, Established for Decades, Celebrity Clients!

Los Angeles, CA
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Sale Pending
Asking Price:$1,400,000
Gross Revenue:$2,288,657
Rent:$11,098
Established Year:1940
Cash Flow:$516,749
Inventory:$245,859
FF&E:$376,486
BUSINESS DESCRIPTION

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!


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,500
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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 FT and 5 PT employees. Hours of operation are 9am-6pm Tuesday-Saturday, Sun 9-3pm, Tarzana 10:30am- 5pm- Tues-Sat. Included in asking price are $245,859 in inventory and $376,486 in equipment and fixtures.
Financing
Seller will consider all offers
Support & Training
4 weeks
Reason for Selling
Seller is looking to retire.
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Melanie
Smith
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Melanie Smith