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Bakery Manufacturer And Cafe In Vancouver For Sale

Vancouver, British Columbia, Canada
Asking Price:
$649,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,240,000 (CAD)
Cash Flow:
$202,000 (CAD)

Well-branded and profitable Bakery, café and confection wholesaler with a stable history of profitability and an EBITDA margin average of 9 - 11.5%, to strategic, industry, or synergistic parties and anticipates a competitive environment. This business has not just survived, but thrived during COVID-19.

This popular bakery was able to pivot quickly to respond to the Covid-19 pandemic. They moved to take online orders for a brief period and deliver their products to clients in the Vancouver area, thus covering their operating expenses and retaining their clientele! Additional modifications included reduced opening hours and days, however. Despite a drop of overall revenue due to these measures, the business had an excellent bottom line and it is just a matter of time, before they will open on Sundays again to offer their popular afternoon tea.

This company has established itself as a destination for lovers of coffee, tea and sweet treats, has a strong following of clients as well as an established distribution system across Canada, the USA and the Orient.

This popular bakery has established a solid brand name that inspires foodies, chefs and those looking for delectable baked goods to go with their coffee or tea! With operating systems in place, this is an ideal opportunity to grow a popular business and open multiple locations.

With a strategic location and established online presence, this premiere baked goods provider is ready to be taken to a national level by a strategic or synergistic buyer.

Property Information

Real Estate:

Lease

Lease Terms:

3 year left on bakery and cafe lease with 5 year option to renew.
Lease on manufacturing facility is negotiable.

Leasehold Rent:

$95,000 (CAD) per annum

Location:

Bakery and Cafe is located in an excellent storefront location in desirable neighbourhood. Manufacturing is in a separate location.

Premises Details:

Approximately 2000 sq feet of retail space is beautifully appointed and offers seating for 20 customers. 1700 sq feet of manufacturing space is conveniently located with easy access to highway.

Business Operation

Expansion Potential:

Opportunity to scale this business and license the concept or franchise.

Reasons for selling:

Other interests

Years established:
10+

Other Information

Support & training:

Available

Furniture / Fixtures value:
$70,000 (CAD) - included in the asking price
Inventory / Stock value:
$10,000 (CAD) - included in the asking price
Related Documents:

Contact NAI Commercial

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