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Profitable World-class Italian Bakery in Montreal Quebec

Quebec, QC

Seller Financing Available
Profitable World-class Italian Bakery in Montreal Quebec
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Asking Price: $650,000

Cash Flow: $250,553

Gross Revenue: $891,633

EBITDA: N/A

FF&E: $180,000

Inventory: $2,500

Rent: $3,500 /Month

Established: 1961

Profitable World-class Italian Bakery in Montreal Quebec

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Business Description

Montreal Quebec Italian Bakery with a Legacy

Montreal Canada, A true landmark operating for well-over 40-years, this authentic Italian bakery is well-known to have some of the finest pastry this side of the Atlantic. Specializing in custom designed wedding cakes, pastries, cookies and Italian delights. There is a fully trained staff in place and functional kitchen with all the equipment one needs to design such masterpieces. Excellent books, records and an owner that would like to retire from the industry. *All figures including the price, terms and fees are in Canadian Dollars. Corp. year is July 1st - June 30th. Buyer pays no broker fee! Please refer to listing 0101483370 , business broker Thomas Milana when you inquiry about this listings.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
10/31/2025
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 3500 Square Footage: 5000 Building Type: Neighborhood Terms & Options: TBD Expiration Date: 10/31/2025
Competition:
Non Compete : Miles: 100 Years: 5
Financing:
Loan/Seller - Amt: 150,000 Mos: 48 Rate: 8.00 Mo Pmt: 3,661.94
Support & Training:
For 4 weeks at cost
Reason for Selling:
Retirement
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Contact the Seller

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Thomas Milana International Director of Business Sales

Business Listed By:
Thomas Milana

Transworld Business Brokers, LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Sponsoring Broker:
Andrew Cagnetta

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