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High Margin Artisan Bakery
Location: Canada -> British Columbia
Industry: Food and Beverage > Other Food and Beverage




Business Summary

One of the most profitable artisan bakeries in BC is for sale. The business operates in an affluent mainland area and averages annual profit margins of 25% - 30%.

Working capital requirements are minimal at only $15,000, and the current lease has below-market rents locked in for the next 7 years.

The owner has systematized the production process of their bread and French pastries and built a passionate and loyal team of employees who run the business on a day-to-day basis.

Brand new kitchen and baking equipment was bought in 2019 and 2020, helping fuel 32% growth in 2021.

With a cloud-based sales system managing inventory and sales, this business is a true turn-key operation. The current owner pulls $300k+ per year from the company and is excited to share growth ideas to increase the next owner's take-home earnings into the future.

This business offers a creative outlet for any lover of quality foods while also delivering exceptional returns.

As readers know, quality companies with a proven model easily scaled and replicated are a rare commodity and do not come up that often.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,028,885
Cash Flow:   $265,909
Cash Flow Type:  EBITDA
Inventory:  $128,009
Seller Financing:  Yes

About The Business

Year Established:  2018
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The sellers are offering two weeks of training included in the sale price that will ensure the buyer is fully capable of running the business on an ongoing basis, and are also open to extending the training time if desired by a buyer.
Reason For Selling:  Retirement




Print Listing Id: 700373134
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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