$150,000

Well Established Community Cooking School

California/Los Angeles County
Financials
  • Price: $150,000
  • Gross Income: $152,251
  • Cash Flow: $70,579
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #LA10565
  • Year Established: 2003
  • Financing: 0
  • Training: 4 weeks, 20 hours per week
  • Facilities: The current lease is month to month, a new lease is available, Rent $1,826, 1,350 square feet Hours: Class Schedule per website
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Located in one of the most affluent communities in the beach cities of LA, this recreational school anchors a space of a well-maintained shopping center. The busy street catches good traffic and is very accessible to the public with plenty of parking. The school started in 2003 offering locals from elementary students to retired cooking enthusiasts a variety of fundamental classes as well as diversified classes from around the world. Corporate team building classes and kids' summer cooking camps are extremely popular. The owner has built out a kitchen equipped with a Wolf stove/oven/hood and an abundance of other name-brand appliances. With an open floor plan, the beautifully decorated kitchen serves as the classroom and attracts many customers. The school was affected by the pandemic but shows strong growth in 2021 with fully booked summer classes. The business is expected to see greater performance when corporate events resume, and social networking events, private groups, and afterschool programs can be added to make the school run to its full capacity. The owner has built a solid foundation with a great business reputation and local following. She is ready to retire and looking for someone who is a food enthusiast, likes to entertain students through cooking, and is capable to take the school to its next level. The owner is willing to share her vision, recipes, and handouts and to train the buyer. LA10565

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Business Listed By

Michael Floorman 1475 S Bascom Ave, Suite 113, California, Campbell