Silverlake Area Retail Bakery with Local Following

Asking Price$1,200,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,510,499

Inventory$30,000
Included in asking price
FF&E$80,000
Included in asking price
Representation PhotoSave

Silverlake Area Retail Bakery with Local Following


Asking Price$1,200,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,510,499

Inventory$30,000
Included in asking price
FF&E$80,000
Included in asking price
Business Description
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.
About the Business
Years in Operation
16
Employees
2
Facilities & Assets
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 $30K in inventory will be included in the purchase price.
Market Outlook / Competition
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.
Opportunities for Growth
New operators will likely want to prioritize maintaining the cafe’s strong reputation by upholding its commitment to quality ingredients, excellent customer service, and warm friendly atmosphere while adding their own touches to the offering. As this is a daytime only venue, new management may consider offering patrons extended service hours that cover the late afternoon and early evenings and beyond.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,800
Rent
Not Disclosed
About the Sale
Seller Motivation
Personal
Transition Support
Seller will train for 2 weeks at 20hes per week or as negotiated
Financing Options
Seller may consider a small secured carry to a credit-worthy buyer with sufficient ex
Listing Info
ID
2321273
Listing Views
1503

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Business Listed by: Ryan Clark The Veld Group

Listing ID: 2321273 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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