Established Profitable Commercial Bakery for Sale in Victoria

Category: Food Service
Address:
City: Victoria
State:
ZIP:
Full Price: $250,000 + Inventory
Down Payment:
Annual Gross Sales: $980,000
Adjusted Annual Profit: $125,000
Status: Sold

This is an excellent opportunity to purchase a profitable, established commercial bakery. The bakery has been in business for over 30 years. It operates out of a 4,000 square foot central location and specializes in delivering outstanding baked goods to local grocery stores, restaurants and cafes.

The business will turn over close to one million dollars in the 2016 fiscal year. This represents an 18% increase in year over year sales. The current owners do not actively work in the business yet the company will produce a profit of close to $90,000 this year. Under active management, the Seller’s Discretionary Earnings are estimated to be in excess of $125,000.

This is an excellent opportunity for a person with a bakery background to build on the impressive foundation laid by the current owners. The current owners have spent the better part of the last year upgrading the bakery’s infrastructure including adding new delivery vehicles, installing new signage on the premises and vehicles, developing and implementing new computerized production and time management systems, and adding new SKU’s to better service their grocery accounts. These upgrades will allow a new owner the ability to continue to expand the business.

For more information, please contact Keith MacKenzie at Chinook Business Brokers Ltd.


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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