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Listing ID: 711

SOLD

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$199,000 CAD

WHOLESALE

Established Wholesale Bakery Scarborough Wholesale Bakery

Toronto, ON

Independent

$199,000 CAD

WHOLESALE

Established Wholesale Bakery Scarborough Wholesale Bakery

Toronto, ON

Independent

Well-established wholesale bakery with over 35 years of successful operation located in the heart of the growing Scarborough region that serves over 630,000 residents. The retiring owner has brought old Italian traditions and recipes to meet the market needs for bakery lovers. He sells to several major supermarket chains with over $600,000 in annual sales and is poised for major growth and prosperity.
PRICE: $199,000
COMPETITION AND MARKET: The bakerys competitive advantage is well-established long-term wholesale customer relationships with tremendous growth potential.
GROWTH POTENTIAL: The major growth opportunity lies in the expansion of the bakery product offering and attracting new customers. The purchasing of a bakery item becomes a happy moment and leaves the customers smiling.

Legal Body

Incorporated

Established In

1980

Proprietary Assets

Recipes

Last Year of Completed Statements

2015

Gross Revenue

$600,000

Annual Earnings

$150,000

Land/Building Included

No

Rent/Lease Amount

$42,500

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

BizON assumes no responsibility for the accuracy of any information shown.

More From Seller (2)
Annual Return On Investment Calculator

Annual Earnings:

$150,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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