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 had 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!
- Asking Price:
- $1,400,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,288,657
- Cash Flow:
- $516,749
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
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.
Business Operation
- Reasons for selling:
-
Seller is looking to retire.
- Trading hours:
-
9am-6pm Tuesday-Saturday, Sun 9-3pm, Tarzana 10:30am- 5pm- Tues-Sat.
- Employees:
- 20 FT / 5 PT
- Years established:
- 83
Other Information
- Support & training:
-
4 weeks
- Financing available:
-
Seller will consider all offers.
- Furniture / Fixtures value:
- $376,486 - included in the asking price
- Inventory / Stock value:
- $245,859 - included in the asking price
