Newly Built Italian Bakery/Cafe

Newly Built Italian Bakery/Cafe

Newly Built Italian Bakery/Cafe

LISTING DETAILS

Listing ID: 3373

Type of Sale: Asset/Share
MLS Code: Exclusive
Industry: Restaurant / Bar
Reason for Sale: Personal
Training & Support: Yes
Asking Price: $319,000

ASKING PRICE
$319,000
DESCRIPTION

Excellent opportunity to own a popular bakery/cafe. Operating for almost 2 years with all furniture and equipment in amazing condition. Profoundly rooted, steady customer base ranging from daily visits to multiple times a week. It is a one-stop-shop that includes hot/cold foods, pastries, and beverages. Event catering is also offered along with daily catering to daycares. Located in a growing neighbourhood plaza with good frontage, lots of walk-in traffic, and parking. Contracts in place, great reviews, new subdivisions being built, and demand for Italian food with little to no competition mean so much potential for growth and room for expansion. Seller willing to train to ensure a smooth transition. Get it before it's gone! Listing ID: 3373

COMPANY INFORMATION

Year Established: 2019

Franchise: No
Square Footage: 1,300 sq ft

Monthly Rent: $3,092 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $318,000
SDE: $140,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

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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