Established Bakery and Euro Deli for Sale

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Established Bakery and Euro Deli for Sale
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Asking Price: $425,000

Cash Flow: $151,000

Gross Revenue: $1,307,500

EBITDA: $111,000

FF&E: $308,400

Inventory: N/A

Established: 2004

Established Bakery and Euro Deli for Sale

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Business Description

With a 40 years old brand name, this Mediterranean bakery and European style deli specializes in fresh, daily prepared, inspired baked savory pastries and premium cold cuts. Located in one of Toronto’s walkable downtown neighborhoods, the business attracts consistent foot traffic throughout the year. The business capitalizes on its diversified and loyal customer base. A variety of baked product offerings create likely recurring revenue from its customer base while attracting new customers wanting to try its fresh baked goods.

This is a great opportunity for an owner/operator with a food services background looking for a business that provides excellent options to grow both the top and bottom-lines of an existing profitable business. The business offers an opportunity to increase its presence within its current location, while further achieving economies of scale. The key leverage point for a purchaser is the turn-key operation combined with a stable client base and expansion.

The business has predictable and stable revenues and cash flows.

Training and an agreed upon transitional period will be provided by the owner. An operations team is in place, allowing for ownership to be uninvolved in the day to day operation of the business.

Asking price (Business): $425,000
Revenue (2018): $ 1,307,500
Normalized SDE (2018): $ 151,000
Normalized EBITDA (2018): $ 111,000
FF&E: $308,400
Employees: 7

Detailed Information

Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Will be provided as required
Reason for Selling:
Retirement
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Beacon Brokerage

Business Listed By:
Mohor Hatalkar

Beacon Corporation, Brokerage

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