$1,550,000.00
Asking Price
Address: Los Angeles,
Status: Active
Posting ID: 277604
11/14/23
Description
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 $3M in annual revenues, while the retail side contributes nearly $1M in revenues. The celebrated brand is known for its innovative creations. The wholesale operation supplies nearly 85 coffee shops and cafes as well as prestigious retail chains in Los Angeles and Orange County. It has implemented nationwide shipping for the customer favorites that lend themselves to being frozen.
This 6k square foot production facility is available for purchase for $2.775M, or a short-term lease will be offered at $12k/month through a reasonable transition period. The premise has multiple walk-in coolers, a freezer, mixers, a 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.
Competition exists on several levels in each of the bakery's product categories. The categories 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.
New management may choose to grow the burgeoning brand in any number of ways. They may wish to bolster their retail presence in key locations that may be serviced from a central commissary, or they may choose to set up 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 into the existing market or expanding into larger with a larger geographic footprint into adjacent regional markets or beyond.
To get more information about this Wholesale Bakery - Brand Retailer, Acclaimed business for sale in Los Angeles please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277604 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Wholesale Bakery - Brand Retailer, Acclaimed, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.
Contact
Details
Asking Price: $1,550,000.00
Down: $1,650,000.00
Cash Flow: $519,390.00
Revenue: $3,620,497.00
Area: Los Angeles
City: Los Angeles
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Posting: 283748 | Available | 4/16/24
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Bldg Size
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Min Liquid Cash
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Net Worth
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Franchise Fee
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Cash flow
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Revenue
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Down
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Down
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Cash flow
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Revenue
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Down
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Total Investment
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Min Liquid Cash
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Net Worth
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Revenue
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Down
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Down
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Revenue
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Down
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Down
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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