Greek Food Market and Bakery

Greek Food Market and Bakery

Greek Food Market and Bakery

LISTING DETAILS

Listing ID: 3174
Type of Sale: Asset
MLS Code: Exclusive
Industry: Restaurant / Bar
Reason for Sale: Personal
Training & Support: Yes
Asking Price: $299,000

ASKING PRICE
$299,000
DESCRIPTION

An excellent opportunity to own a Specialty Greek Marketplace located in Toronto. Featured on CBC Toronto, this Greek Food Store specializes in all kinds of Greek food products. It is a one-stop market that includes Bakery, Meat, Hot food service, Deli and Greek grocery products all imported from Greece. The store also does daily catering for both the bakery and restaurant. The business has been operational for only a year now; the unit is in brand new condition with no further upgrades required. The store is located in an area where diverse communities reside contributing to the profoundly rooted customer base, loyal local customers and regular return visitors. With less competition due to its specialized concept, the business has excellent potential for the buyer to expand into online sales, attracting more customers around the local area and targeting other Greek communities. The owner is retiring and will provide comprehensive training to ensure a smooth transition. Listing ID 3174

COMPANY INFORMATION

Year Established: 2019

Employees: 6
Franchise: No
Square Footage: 3,500 sq ft
Monthly Rent: $12,884 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $908,000
SDE: N/A

FFE Included: Yes

Inventory Included: No

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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