Blackmarket Bakery

Rachel & Alison are opening a fourth retail bakery in South Oceanside, CA!

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Location
IRVINE, CA
Expected Close Date
July 21, 2023
Target Raise
$60.00K-$124.00K
Security Price
$1
Number of Employees
68
Cash
$33,149
Revenue
$1,440,467
Short Term Debt
$64,323
Cost of Goods
$442,987
Long Term Debt
$632,493
Net Income
$125,811

Company Description

Blackmarket Bakery is a women-owned and managed bakery with locations in Costa Mesa and San Diego, California. The bakery has a unique "Hub & Spoke" model, where its commissary kitchen in Irvine creates doughs, fillings, and retail pastries/confections, which get delivered to its 3 retail bakeries. At these locations, our bakers and pastry chefs create all breads, cakes, tarts, breakfast pastries, etc in house. This allows the bakery to have smaller kitchen footprints at its retail locations.

Key Deal Facts

Blackmarket Bakery opened its first retail location in 2013 and has a long track record of profitability and growth., Owner Rachel studied baking at the CIA Greystone, in Napa Valley. All of Rachel’s children worked at the bakery in its early days, and Rachel’s husband fabricates all of the bakeries’ furniture and display fixtures as a certified welder., The business has over 600 5-Star reviews on Yelp!
Amount Raised : $124,000
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