This acclaimed wholesale bakery with a retail component is a category leader when it
comes to the accolades and media attention bestowed upon it. The wholesale side of the
business generates nearly $3.0 ml in annual revenues, while the retail side contributes
nearly $1.0 ml in revenues. The celebrated brand is known for its innovative creations
that includes fanciful plays on its customer’s classic childhood favorites including a
sophisticated ding-dong and a variety of pop-tarts. The bakery’s product line includes
its famous retro snacks, mini-cakes, cakewiches, cookies, pies, cookies and pastries.
The wholesale operation supplies an estimated 85 coffee shops and cafes in Los Angeles
and Orange County and has implemented nationwide shipping for customer favorites
that lend themselves to being frozen. It also supplies 10 Nordstrom stores. The
wholesale operation is led by a general manager, 2 kitchen managers, an office manager
and an assistant manager as their core team, in addition to their kitchen staff. The
storefront is managed by a general manager, assistant manager and 2 retail staffers.
- Asking Price:
- $1,550,000
- Sales Revenue:
- $3,620,497
- Cash Flow:
- $519,390
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
This 6k square foot production facility is available for purchase for $2.775 ml, or a shortterm lease will be offered at $12k/month through a reasonable transition period. The
premise has multiple walk-in coolers, a freezer, mixers, large hood, convection and
stand-up baking ovens, management offices, storage and a conference room. The 1k
square foot retail location leases for nearly $4k/month on a lease until 2025. It is in one
of Los Angeles’s most coveted areas.
Business Operation
- Expansion Potential:
-
New management may choose to grow the burgeoning brand in any number of ways.
They may wish to bolster its retail presence in key locations that may be serviced from
a central commissary, or they may choose to setup regional commissaries or bake onsite.
Alternatively, the celebrated brand may go the retail route to be showcased in grocery
or specialty stores, or they can continue to expand their wholesale presence in coffee
shops and cafes. Product extensions are also possible and plenty of runway remains to
continue to grow with their existing line by penetrating deeper in the existing market or
expanding into larger with a larger geographic footprint into adjacent regional markets
or beyond.
- Competition / Market:
-
Competition exists on several levels in each of the bakery’s product categories that
include pastries, cakes, pies, cookies and more. We are hard pressed to name any
competitors with as celebrated a name or that have received the level of accolades,
publicity or media attention that this brand enjoys.
- Reasons for selling:
-
Personal
- Trading hours:
-
7 Days; 9 - 6 pm (retail)
- Employees:
- 28
- Years established:
- 2007
Other Information
- Support & training:
-
Seller will train for 4 weeks at 20 hours per week.
- Financing available:
-
Not offered but seller may consider a small secured carry.
