Acclaimed Wholesale Bakery Brand W/Retail!

Business Overview:

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 customers favorites that lend themselves to being frozen. It also supplies 8 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.

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Property Features and Assets:

This 6,000 square foot production facility is available for purchase for $2.775 ml, or a short term lease will be offered at $12,000/month through a reasonable transition period. The premise has multiple walk-in coolers, a freezer, large hood, convection and stand-up baking ovens, management offices, storage and a conference room. The 1,000 square foot retail location leases for nearly $4,000/month on a lease until 2025. It is in one of Los Angeles’s most coveted areas.

Market Competition and Expansion:

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. New management may choose to grow the burgening 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 however it’s believed that the business has perfected its offering 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.

Reason for Selling:

Personal

Additional Details:

Documents:

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