Under LOI
Commercial Bakery Toronto (Manufacturer & Distributor of Frozen/Fresh Products)
An extremely profitable and rapidly growing commercial bakery is available for sale in the Greater Toronto Area. The business has a recurring and expanding portfolio of food service customers and brand-name retailers, which will provide a new owner with an excellent return on investment at low risk. With a combined revenue of $2.6M and discretionary earnings of $680,000, the company’s two lucrative business units are operated out of a 6,700 sq. ft. facility with sufficient capacity and infrastructure to continue growing the existing product lines and introduce new products. The manufacturing plant is fully equipped with modern semi-automated production lines, industrial rack ovens, walk-in freezers, walk-in cooler, walk-in dough steamer, automatic flow wrapper, and Sprinter vans for local delivery. Full-time employees are fully cross-trained and professionally managed, ensuring strict adherence to quality control and assurance practices. The current owner is looking for a capable buyer to take the reins and continue the upward trajectory of this exceptional business.
Listed By: Gary Brooks
Background information
Reference:
159645-GB
Finance
Sales:
$2,600,000
Profits:
$680,000
Profit type:
Discretionary Earnings
Premises
Square footage:
6,700 sq. ft. (manufacturing) plus outdoor storage containers
Price and terms
Price:
Undisclosed