Listing Number: 3301-281673
Description
This scratch bakery serves a delectable mix of sandwiches, breads, pizzas, desserts, gelato, hand crafted coffee and a variety of other items that keeps this unique outlet busy all day. Their artisan breads are very popular as they are baked in-house, using traditional methods. 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. It is also a popular market place to pick up baked and other food products for home consumption.
Their large street-side patio, steps away from the lake, 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 very busy during the winter months.
The bakery is located in a city-owned building; the rents are stable and TMI is low.
The bakery has an OLG Lottery and Gaming license that attracts large crowds.
Also, in line with a recent Govt of Ontario initiative, this Bakery has just acquired a Retail Liquor License, that is expected to boost profits significantly. This goes into effect 05 Sep 2024.
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
