-
$565,000
Sold For
-
$1,250,650
Revenue
-
Yes
SBA Financing
Well known retail bakery established for over 37 years with 2 Orange County locations and over $1.3 million sales is available for acquisition.
Consistently recognized as a top bakery in Southern California the bakery provides unique and distinctive wedding cakes, birthday cakes, pastries, and party dessert trays as well as cakes, cupcakes, cookies and pastries for walk-in retail customers.
Financial Summary
| Summary | 2018 | 2017 | 2016 |
| Revenue | $1,250,650 | $1,334,431 | $1,443,783 |
| Cost of Goods Sold | $515,884 | $567,195 | $538,780 |
| Gross Margin | $734,766 | $767,236 | $905,003 |
| Operating Expenses | $720,216 | $759,733 | $893,312 |
| Net Profit | $14,550 | $7,503 | $11,691 |
| EBITDA | |||
| Owners Benefits | $268,156 | $233,156 | $332,404 |
| Discretionary Earnings | $282,706 | $240,659 | $344,095 |
The bakery has provided a number of celebrity wedding cakes and has been featured in both local media and national bridal-wedding media. Sales are driven by local walk-in business, established relationships with wedding planners, and a strong social media presence including, Pinterest, Facebook, Instagram, Google and a 4 star rating with over 400 reviews on Yelp!
The company has an experienced and talented team of bakers, decorators, pastry chef, and manager with well trained retail staff for retail operations. One of the two locations is recently remodeled with new equipment and the other location has been a local favorite for decades with an excellent store.
- 2 Orange County Locations
- Established for 37 years
- Over $1.3 million sales
- $242,398 Discretionary Earnings
- Just $98,732 down with SBA Financing
- Asking $698,000 + inventory
This is an easy to run business with experienced bakers, decorators and pastry chef creating the bakery items, wedding and birthday cakes. There is a retail staff for store retail operations and the owner is primarily responsible for managing the operations of both locations. The seller is moving out of state. The bakery is a great opportunity for future growth and expansion.