The Biz Blog
July 26, 2011 by Dan Munter
Dan Munter just launched a new listing: https://www.bizex.net/listing/390
Cooking School Asking: $250,000 * Gross: $428,865 * Net: $0
This is an excellent opportunity to own one of the premiere cooking schools in Los Angeles. The location has a beautiful, state-of-the-art culinary studio with eight fully equipped kitchen workstations, each with its own oven, stove and kitchen aids.
In a recent article in Angelino magazine, the school was described as, "an upscale culinary boutique with a specialty bakery, cooking classes and events space". Currently, approximately 85% of its revenues come from cooking classes and parties. 10% from catering and 5% from renting out the space for things like television shoots.
Cooking classes range from their acclaimed summer cooking camp for kids to all sorts of classes such as "Farmers Market Feast" to "Gluten Free Cooking" to "A Taste of New Orleans". Approximately 65% of the students are repeat clients! There are over 4000 client names in their data base.
They also have an impressive list of corporate clients that either use them for catering or have corporate sponsored cooking events at the school. Some of their clients are Disney, Google, Sony and AOL.
This is a great chance for somebody who has a love for cooking or teaching or both.
If you would like additional information, you will need to fill out an NDA which can be found at www.bizex.net. If you have questions, please email Dan Munter at dmunter@bizex.net or call me at 310-882-2200 ext.121.
Dan Munter Email: dmunter@bizex.net Office: (310) 882-2200 ext 121 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/dan-munter
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