Asking price: $759,000
Reason for sale: Retirement
- Land Area: 10,250 ft2
- Building Area: 2,048 ft2
- Year of acquisition: 2018
- Established Year: 1990
- Full-time Employees: 2
- Part-time Employees: 6
- Annual Sales: $745,419
- Monthly Payroll: $19,485
- EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $149,557
- Assets Included in the Sale:
land, building, inventory, supplies, furniture, equipment, goodwill
This New Brunswick family business was founded in the 1990s and has been operating successfully ever since. It is a bakery-pastry shop that offers bread, pastries, Vienna pastries, and other delicacies, as well as salty products. The bakery also offers a line of healthy Keto meals. It has been voted the best bakery in the region many times. It is situated in northern New Brunswick, in the Chaleur region, on a main artery. It is located in a high-traffic area, which allows it to establish its visibility and reputation in the region.
This bakery-pastry shop is a leader in the region. It serves both commercial and private customers.
Its commercial clientele consists mainly of convenience stores and grocery stores. It mainly supplies them with bakery and pastry products, and occasionally salty dishes. As for private customers, in addition to freshly baked artisanal products, they can buy drinks and chips. Among the bakery’s products, customers can choose from freshly baked bread, cakes, cheesecakes, and more. This bakery-pastry also offers a take-out service for dishes such as shepherd’s pie, lasagne, and soups. Customers can also purchase the bakery’s products from selected retailers.
The company operates from a renovated, open-space building. All the space inside the bakery has been optimized.
Over the years, the company has built up a loyal customer base. It has developed a relationship of trust thanks to the quality and freshness of its products, which are prepared on-site.
To carry out its activities, the company has the necessary permits to operate.
Many development opportunities can be considered by the future buyer. He could strengthen the catering service for events such as weddings and others. Currently, the bakery is facing an increasingly heavy demand for this service. The buyer could also develop delivery services for private customers.
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