Silverlake Area Retail Bakery with Loyal Client Base

LOS ANGELES, California

Asking Price	$1,200,000	Year Established	2009
Annual Revenue	$2,510,499	Reason for Selling	Personal
Annual P/L		Attention	Ryan Clark
Annual Cash Flow	$300,000	Listing Number	984316
# of Employees	2	Business Category	Food & Beverage: Production - Bakery, Farms, Winery

Business Overview:

Located in the greater Silverlake, Los Angeles area, this daytime only bakery and cafe is renowned for its freshly baked breads, pastries, and a variety of breakfast and lunch options. The establishment has become a more than just a local favorite. It’s become a phenomenon that attracts residents and visitors to its inviting, cozy atmosphere with its qualify products and customer service oriented staff that exude the venue’s ultra-positive company culture. Patrons regularly praise the award-winning venue not only for its high quality offerings but also its best-in-class service, which make it a go-to spot for its loyal client base.

Property Features and Assets:

<p>This 5,800 square foot facility plus patio leases for $9,973 per month, with $4,913 in annual common area maintenance expense (CAM) on a lease until June 2028, including the 2-year option to renew. All of the company’s furniture, fixtures, equipment and enormous goodwill will be included in the sale. An estimated $30,000 in inventory will be included in the purchase price.</p>

Market Competition and Expansion:

<p>The cafe faces competition from a variety of establishments that vie for the same clientele, however, when it comes to artisanal bakeries, casual brunch spots or trendy coffee shops, we cannot think of any in the area that can offer a comparable quantity of unique offerings, that boast the customer embraced menu or that delivers the welcoming atmosphere this retail bakery delivers day in and day out. As such, this venue has established itself as a community staple without rival.</p>

Additional Details: