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Business Listed by

Sunbelt Riverside County

Contact: D. Joe Atchison
Office Phone: 951-678-5671
Mobile Phone: 951-733-8442
Listing ID: RIVERCA001-N1025

Specialty Cake Bakery for Sale

Financial Information

  • Asking Price: $199,500
  • Gross Revenue: $577,945
  • Cash Flow: $86,071
  • Down Payment: $199,500
  • FF&E (Included): N/A
  • Inventory: $6,000
  • Financing: No

Business Location

  • Confidential
  • California
Primary Business Category: Bread and Bakery Product Manufacturing

This successful bakery has been in business at the same location for 61 years. Their specialties are cakes (200 specialty and 10 to 30 wedding cakes per week), baked goods, pastries and fudge and they bake pies during the holidays. They are known for their unique, elegant and artistic teared cakes. They are the only business within the immediate market area that specializes in cakes.This is a great opportunity to take over an existing loyal customer base with substantial repeat and referral sales and many business accounts. They have over 9,000 email addresses in their Constant Contact and 5,000 Facebook followers along with over 1,000 Instagram followers. The business has been acknowledged as the "Best Bakery" on many occasions.The business is well situated in a large shopping center with good visibility from a busy boulevard. The business is operating at about 40% of capacity so there is plenty of room to scale the business up by adding additional products such as Hispanic baked goods, a donut line and even sandwiches. An extension of the current hours would draw in more customers.Equipment includes a 30 Pan Baxter revolving oven, mixers, sheeters, refrigerated displays, and the refrigerators and freezers needed for high volume production. Pre-approved for SBA financing.


Competition Description


Growth / Expansion overview


Support / Training Comments

Owner will provide training and transition.


Financing Comments


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1958
  • Franchise: No
  • Year Acquired: 1958
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 4
  • Part time Employees: 8
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $14,000
  • Building Size: 2850 sq ft
  • Monthly Rent: $7,308
  • Lease Expires: 12/31/2022

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