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Bakery for Sale in Toronto, Canada

Profitable café/bakery seeking investor to buy out the business to carry ry on the legacy.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 950 thousand
Run Rate Sales USD 970 thousand
EBITDA Margin 20 - 30 %
Industries Cafes + 1 more
Locations  Toronto
Local Time 7:39 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 510 thousand (Native Currency: CAD 700,000)
Reason: Retiring.
Includes physical assets worth USD 73 thousand
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Business Name
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Business Overview
Retail Rev: CAD 1.3m.
Ecommerce Rev: CAD 350K.
All the systems are set up. Ecommerce ready. a huge loyal base of customers. business established for over 20yrs. we have built a strong reputation in Toronto, lots of corporate clients.
Products & Services Overview
The business's top-selling products are cakes, available for both corporations and individuals celebrating special occasions. Customers can purchase these cakes either in-store or additionally through our website for added convenience.
We also have a sitting area sits 25 indoor, 25 patio and a high retention of customers. Average spending per person is CAD 30 to CAD 40.
We also have a central kitchen running in preparing for any future franchise operation.
Assets Overview
Tangible assets: all equipment.
Intangible assets: trademark, website, clients, royalties and brand.
Facilities Overview
Main floor features a retail section offering cakes, coffee, and grab-and-go items like food and sliced cakes. The main floor also includes an open kitchen for cooking food to order, 25 indoor seats, and an additional 25 patio seats for guests.
Central kitchen does all the baking and ship to the retail location.
Capitalization Overview
There are 2 family shareholders in the business, with one holding a 75% stake and the other holding 25%. The funding for the business has been sourced through a combination of a mortgage, BDC financing, and private lenders.
Recent Activity
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3 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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