Established commercial bakery with retail on Vancouver Island

Category: Commercial Bakery
Address: Vancouver Island
City:
State:
ZIP:
Full Price: $250,000
Down Payment: $250,000
Annual Gross Sales: $870,000
Adjusted Annual Profit: $80,000
Status: Sold

This is an excellent opportunity to purchase a well respected, established commercial bakery located north of Nanaimo on Vancouver Island, British Columbia. The bakery has been in business for over 40 years and operates out of an updated 4,000 square foot location. The bakery serves more than 120 commercial clients and has built a reputation delivering outstanding baked goods to local restaurants and cafes. The bakery has a storefront operation serving “fresh-baked daily” baked goods and sweets along with a “grab-and-go” espresso bar and Soup and Sandwich offerings.

The business is on a growth trajectory. The bakery turned over almost $870,000 in 2016 up from less than 700k in 2014.  Sales are split evenly between the commercial and retail operations. The asking price includes furniture, fixtures and equipment. The replacement costs of these assets exceed $400,000

This is an excellent opportunity for a new owner to build on the impressive foundation laid by the current owners.

The land, building and an owner’s residence are also available for purchase.


Do you want more information about this opportunity?

The Seller knows that to sell the business he will have to share information with the Prospective Buyer that otherwise he would prefer kept away from both the public and the other stakeholders such as employees, suppliers or customers. Because of this, we insist that any confidential information is only shared with prospective purchasers who are genuinely interested in procuring a business. To maintain the level of confidentiality necessary to complete a transaction of this nature we require that prospective buyers complete a non-disclosure agreement. By clicking agree below, you, the prospective purchaser, agree not to share anything you learn about the business with anybody other than your lawyer, accountant or other professional advisors; and you also warrant that these people will also be bound by this agreement.

You also agree that you will not approach the business owner, staff or management without the express consent of the Broker. You understand that you, the Prospective Buyer, will be held accountable for any damages to the Seller arising from the disclosure of information to any other party contrary to the agreement.

If you prefer not to complete the webform below, we understand, and ask that you download, complete, sign and forward the completed PDF document to info@chinookbusinessbrokers.ca or fax to 888-812-4109 attention Keith MacKenzie.

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