Profitable World-class Italian Bakery in Montreal

Quebec, Quebec


Asking Price: Annual Revenue:
$650,000 $791,633

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Profitable World-class Italian Bakery in Montreal Broker: Thomas Milana
Owner Financing is Available!
Loan/Seller - Amount: $150,000; Months: 48; Rate: 8.00% Monthly Payment: $3,661.94

Quick Facts

Asking Price: $650,000
Annual Revenue: $791,633
Net Profit: Not Disclosed
Cash Flow: $129,271
Total Debt: Not Disclosed
FF&E: $180,000
Real Estate: Not Disclosed
Year Established: 1961
Employees: 12
BBN Listing #: 1221630
Broker Reference #: 0101483370

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Business Overview:

Montreal Canada, A true landmark operating for well-over 40-years, this authentic Italian bakery is well-known to have some of the finest pastry this side of the Atlantic. Specializing in custom designed wedding cakes, pastries, cookies and Italian delights. There is a fully trained staff in place and functional kitchen with all the equipment one needs to design such masterpieces. Excellent books, records and an owner that would like to retire from the industry. *All figures including the price, terms and fees are in Canadian Dollars. Corp. year is July 1st - June 30th. Buyer pays no broker fee! Please refer to listing 0101483370 , business broker Thomas Milana when you inquiry about this listings.

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Market Competition and Expansion:

Non Compete : Miles: 100 Years: 5

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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