Commercial Bakery in Toronto
Priced at $500,000. This is a very profitable commercial bakery in Toronto. Current owners have grown the business significantly by acquiring smaller competitors and adding new products. The business expects to improve sales and profits even further next year and beyond. Sales are expected to reach $1M with seller discretionary income over $240K in the next 12 months. Opportunities to continue to grow beyond next year's forecast include adding new trendy products such as:
- Ethnic products
- Healthy baked products
- Gluten free
- GMO free
This is a very stable, recession proof business with highly predictable sales and cash flow. The company has both a manufacturing-distribution division and a retail division with tremendous opportunity to continue to grow both of them.
The seller is targeting an individual/company who either has experience in the food industry or a lot of enthusiasm for and eagerness to learn this industry and who is very motivated in continuing to grow the business.
Price and terms