Longstanding and Popular Italian Bakery and Patisserie

ASKING PRICE:
$795,000

LOCATION: GTA

LISTING DETAILS:

LISTING ID: 3662

TYPE OF SALE: Established Business

MLS CODE: Exclusive

RELOCATABLE: No

INDUSTRY: Restaurants/Food

REASON FOR SALE: Retirement

TRAINING & SUPPORT: Yes

ABSENTEE OWNER: Yes

DESCRIPTION:

Own a well established bakery that has been serving customers for over 60 years. This turnkey business is known for its cakes, pastries, and gelato, winning dozens of awards for over 10 years in a row. Situated in a busy and high traffic area, the patisserie is a go-to spot for locals and beyond, and the owners have nurtured relationships with its customers, drawing a loyal following over decades.

The business is backed by a fully equipped, commercial grade kitchen and an experienced team ready to support new ownership. This is an ideal venture for an entrepreneur passionate about the food and hospitality industry, looking for a tested and successful business model with high profitability and a solid reputation.

This renowned pastry and desserts shop represents a solid investment in a delicious industry. Continue the more than six decades of tradition serving topquality baked pastries and cakes with this lucrative opportunity. Listing ID: 3662

COMPANY INFORMATION:

YEAR ESTABLISHED: 1963

FRANCHISE: No

SQUARE FOOTAGE: 7,576 sq ft

MONTHLY RENT: $14,007 (includes TMI & HST)

FINANCIAL INFORMATION:

GROSS REVENUE: $935,256

SDE: $249,231

INVENTORY INCLUDED: No

EBITDA: N/A

FOR MORE INFORMATION ON THIS LISTING, PLEASE COMPLETE OUR NON-DISCLOSURE AGREEMENT

PLEASE FILL OUR NDA

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.