Listing Number: 3301-281673
Description
This bakery serves a delectable mix of breads, pizzas, desserts with a large selection of bake at home meals, fully prepared soups and sandwiches, fresh baked goods, artisan gelato, imported groceries and an authentic espresso bar that keeps this unique outlet busy all day. Their artisan breads are very popular as they are baked fresh every morning. This is an excellent place for specialized baked goods and ideal for a quick lunch on the go, or a popular place to hangout out.
This business operates on high margins and has demostrated strong financial performances over the years.
Their large street-side patio is very popular in the warmer months, as also their breakfasts on weekends. They also have a seating area adjacent to their store that is fully occupied during the winter months. It has attractive lease terms and low tmi, as the bakery is located in a city-owned building
The bakery has an OLG Lottery and Gaming license that attracts customers.
Also, in line with a recent Govt of Ontario initiative, the Bakery has just acquired a Retail Liquor License, that is expected to boost profits significantly.
The Confidential Information Memorandum (CIM) will be accessible exclusively to qualified buyers who have completed both a Non-Disclosure Agreement (NDA) and a Buyer Profile (BP).
Listing Details
- Price: $ 499,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 255,228
- Total Sales: $ 513,933
- Location: Regional Municipality of Halton, Ontario
- Inventory: $ 10,000
- FF&E: $ 190,000
- Employees: 3
- Year Established: 2022
- Reason for Selling: Starting another Business
- Category: Restaurants,Food Business Retail
