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Listing ID: 2130274

Small Victoria Bakery With Outstanding Potential For Sale

Victoria BC, British Columbia, Canada

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 375,000

Cash Flow: CA$ 62,000

Business Description

If you are looking for a great business for a reasonable price with a fantastic upside this is the one you’ve been waiting for.
This small commercial bakery has been in operation for four years and has seen stable profits and consistent growth since focussing exclusively on their commercial operations two years ago. The bakery specializes in pies and boasts a loyal customer list and an extremely strong local brand.
The bakery is totally turn-key with reliable, well trained staff, capable staff in place. This opportunity comes complete with delivery van, ovens, freezers and all the accoutrements necessary for an immediate positive cash flow. The current owner spent over $70,000 on furniture, fixtures and equipment over the last four years. All the equipment is in good shape so there will be no large upcoming capital expenditures required.
This business boasts great margins with low overhead and has been very successful despite devoting very limited resources to advertising and marketing. If a new owner wishes to take advantage of the available growth opportunities they can be assured that there is enough capacity available in the 1300 square foot facility to increase production by at least 100%.
This business should appeal to someone with strong organizational and business management skills. The current owner is willing to provide training to ensure that any new owner is successful.
Contact Keith MacKenzie at Chinook Business Brokers Ltd. kmackenzie@chinookbusinessbrokers.ca for more information on this turnkey opportunity.

Property Details

Size:

1300 square feet

Years Established:

4

Property Type:

Lease

FF&E:

CA$ 50,000

Inventory Value:

CA$ 1,000

Other Details

Business Location:

The business is located with easy access to its local customer base

Premise Details:

1300 square commercial bakery with plenty of room to expand operations

Competition:

The business creates a high end unique product line that appeals to Victoria's culinary culture.

Expansion Potential:

The sky is the limit, the business is so busy it sometimes turns away prospective customers.

Operation Details

Employees:

3 FT, 1 PT

Trading Hours:

4 days per week

Support & Training:

The vendor will provide as much training as required.

Miscellaneous

Reason For Selling:

The owner has other interests

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