Acclaimed Wholesale Bakery Brand w/Retail – Property Available!
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. The wholesale operation supplies nearly 85 coffee shops and cafes as well as prestigious retail chains in Los Angeles and Orange County. It has implemented nationwide shipping for the customer favorites that lend themselves to being frozen.
Product extensions are also possible 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.
Product extensions are also possible 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.
Additional Details
Facilities
This 6k square foot production facility is available for purchase for $2.775 ml, or a 2-year lease will be offered at $11k/month (gross – with options to be discussed) to assist a buyer through a transition period if they do not have an existing facility and will not purchase this one. The premise has multiple walk-in coolers, a freezer, mixers, large hood, convection and stand-up baking ovens, management offices, storage and a conference room. The 1k square foot retail location leases for nearly $4k/month on a lease until 2025. It is in one of Los Angeles’s most coveted areas.
Competition
Competition exists on several levels in each of the bakery’s product categories. The categories 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.
Growth & Expansion
New management may choose to grow the burgeoning 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 and plenty of runway remains to continue to grow with their existing line!