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Reputable Cake Bakery, Established for Decades, Celebrity Clients! for sale in Los Angeles Proper, CA

Los Angeles Proper, California (CA)

Asking Price: Gross: Cash Flow:
$ 1,400,000 $ 2,288,657 $ 516,749

Furniture and Fixtures Value:
$ 376,486 (included in the asking price)

Inventory Value:
$ 245,859 (included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
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!

 

   
Year Business was Established: 1940
   
Number of Employees: 20 FT / 5 PT  
   
Facilities / Terms of Lease: 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.  
   
Owner willing to finance: Seller will consider all offers.  
   
Owner willing to train: 4 weeks  
   
Reason for selling: Seller is looking to retire.  
   
Seller Reference Number: 130-22691
BusinessMart.com Listing Number: 303525
 

 

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For more info contact:

Adrianna Smith

First Choice Business Brokers Los Angeles #130
424-832-3410

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