Listing ID: HSP 01172017

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Name and Location

Confidential – Central Alberta

Business Type

Unique Restaurant/Food Distribution Opportunity

Business Overview

This well established business opened its doors in 2008, tantalizing the community with a variety of tasty homemade meat, cream, and fruit pies. All pastries are made without the use of MSG,
preservatives and the delicious crust is lard-free. Regular maintenance has kept this property in good condition with a new roof and extended kitchen facilities with eclectic decorating theme and unique products
adds to the ambiance and delight of the customers.

This business is currently owner operated with the assistance of 1 full-time and 2 part-time employees. The bakery caters to clientele across the country 5 days a week. The storefront is open for breakfast, lunch and dinner with takeout services available.

Why This Business

  • This business is a turnkey operation waiting for a new and excited owner
  • The company is capable of operating with a small staff, thereby reducing costs
  • Food trucks and custom equipment included in this offering
  • Award winning recipes included in the sale
  • Popular at trade shows and Christmas markets
  • Opportunity to add on to this business by extending hours, or increasing baked goods, or adding outside catering and buffets
  • This business can be relocated and is an excellent opportunity to purchase an established
    business and build upon.

Are the current owners the founders? Yes  How long? 8 years
Is this a franchise business? No
Owner Support/Training: The Vendor is willing to train the Purchaser for a mutually agreed upon time in order to complete a smooth transition.
Reason for Sale: Owner wishes to retire and pursue other interests.

Business Premises and Location

Does the Vendor own the premises? Yes
Is the premise part of the sale? Available under separate cover
What is the cost of the lease? Information available upon signed NDA

Documents Available For Review (Subject to Offer)

Business Sales Memorandum, Financial Statements, Equipment List

Operational Summary

Snapshot

Annual Revenue: $198,647 – 3 year avg.

Discretionary Earnings: $ 98,682 (3 yr avg)

Assets: $90,000

Information

  • Year Established – 2008

  • # of Employees – 1 full time / 2 part time

  • Asking Price – $ 400,000

  • Seller Financing – Not Available

  • Inventory – $10,000.00

Note: Annual Revenue and Discretionary Earnings are calculated using a 3-year averaging.

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