This is a unique opportunity to either purchase an existing bakery or provide $450K "Key Money" for the space. Also, there is a opportunity to secure a larger footprint at this building. There are 3 additional 1600 sq.ft. adjacent units that could become available. Call for details. IMPORTANT NOTE: These buildings are NOT for sale. No Real Estate Purchase Offers will be responded to or considered. This is a lease and / or business purchase opportunity only. DO NOT DISTURB ANY TENANTS. SHOWINGS BY APPOINTMENT ONLY.
Business Description
Located in the Popular SoBeCa District in Costa Mesa, California.
Established Wedding Cake Catering and Retail Bakery - Penelope's Perfections
Prime Business Opportunity in Costa Mesa's Trendy SoBeCa District
This well-established bakery has been serving Orange County since 2013, specializing in custom gourmet buttercream cakes, cupcakes, and artisan desserts. Located in the popular SoBeCa district of Costa Mesa, this 1,600 square foot bakery benefits from high foot traffic in a creative, walkable neighborhood known for its independent businesses and eco-conscious community.
Business Highlights:
• Premium scratch bakery using finest all-natural ingredients without preservatives
• Signature European Swiss meringue buttercream frosting
• Specializes in wedding, engagement, anniversary, birthday, and custom event cakes
• Full dessert menu including mini desserts, iced sugar cookies, gourmet cookies, cake pops, and pies
• Uses high-quality Dutch cocoa and Belgian chocolates
• Maintains 4.7-5.0 star rating reputation
• Preferred vendor at top Orange County wedding venues
• Established loyal customer base
Location Benefits:
• Situated in SoBeCa, centered around The LAB Anti-mall and The Camp
• Surrounded by unique boutiques, indie eateries, local art galleries, and breweries
• High visibility in trendy, walkable district
• Strong community of creative, quality-focused businesses
Growth Potential:
• Opportunity to expand footprint at current location
• Potential for additional locations
• 10-year lease with two 5-year renewal options provides stability
• Room for expansion based on new owner's vision and effort
Financial Details:
• Asking Price: $550,000
• Monthly Lease: $9,600
• Lease Expires: April 1, 2026
• Unit Size: 1,600 square feet, Building Size: 6400 sq.ft.
Owner retiring after building successful operation over 11 years. This turnkey bakery represents an excellent opportunity to acquire an established business with strong reputation, prime location, and significant growth potential in Orange County's thriving market.
Post-sale support negotiable with current owner.
